Cloud-storage company Box raises $125 million
Box, a cloud-storage company focused on the business market, has raised $125 million in its latest round of funding, the company posted on its blog today, giving Box a valuation of $1.33 billion.
The round was led by General Atlantic, with participation from Social+Capital Partnership, according to PrivCo, a research firm that specializes in private companies' financial data.
PrivCo said its data indicates that this round doubles Box's valuation in the last 9 months. It was valued at $650 million in October 2011.
"Box's latest round demonstrates that rapidly growing companies with strong revenue models … Read more