Box.net Raises $7.1 Million In Funding

Posted Nov 4, 2009

Box.net is an online business collaboration company that allows companies to sync office documents. They have over 50,000 business customers that include Intel, Nike, SanDisk, T-Mobile, Oracle, etc. Given the range of clients they have, the company has raised an additional $7.1 million to enhance their business. The funding round was discovered in an SEC filing by PEHub. In total, Box.net raised $17.6 million in funding. The funding will be used to build a stronger engineering, marketing, and sales team.