Box’s Fifth Round Of Funding Closes At $150 Million, Going Public In 2014
According to a filing with the SEC, Box has raised a total of $150 million in their last round of funding rather than $125 million. Existing investors were able to “make additional investments.” Box did not file the paperwork for their fifth round of funding until yesterday.
Ever since Box raised their Series E round of funding, they opened an office in Europe and hired Google Docs founder Sam Schillace as their VP of engineering. The company also launched a way for third-party developers to integrate Box’s API into their own products.
Box’s previous round of funding was from General Atlantic, Bessemer Venture Partners, DFJ Growth, New Enterprise Associates, SAP Ventures, Scale Venture Partners, and Social+Capital Partnership.
The company is planning to go public in 2014.
This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry