Box.net Raises $15 Million For Enterprise Cloud Documents

Posted Apr 7, 2010

Cloud content management platform company Box.net has raised $15 million in Series C. The funding was led by Scale Venture Partners. Other investors included DFJ and U.S. Venture Partners. The company has raised a total of $29.5 million thus far.

Box.net has a free iPad app that helps promote the premium products. Box.net currently has 4 million customers including the Oprah Winfrey Network, Nokia, and Volvo. During the first quarter, revenue was up 300%. [GigaOM]