Box expects to generate over $200M in annual revenue

Posted Mar 7, 2014

Box, the popular cloud storage service, is expected to generate over $200 million in annual revenues this year, according to Bloomberg. This is around double the previous year. Box is expected to announce plans for going public in the next few weeks. The company reportedly filed for an IPO in January. Box competes against Dropbox and Microsoft OneDrive.
[Source: Bloomberg]