Box.net Raises $81 Million Expansion Round

On the heels of raising a $48 million Series D financing in February, enterprise application maker Box.net has closed an $81 million expansion round of capital.

Aaron Levie, the 26-year-old CEO of Box.net, said the expansion round brings in strategic partners like Salesforce.com and SAP Ventures, as well as venture-capital firms such as New Enterprise Associates and Bessemer Venture Partners, along with former investors including Andreessen Horowitz. In total, Box.net has now raised $162 million.

Box.net, founded in 2005, gives businesses a secure way to share content online and on mobile devices.

Read the rest of this post on the original site »


Must-Reads from other Web sites

Ellen Ullman

Big Data Is Watching You

Mat Honan

Welcome to Google Island

Nicole Perlroth

Hunting for Syrian Hackers’ Chain of Command

JoAnne McNeil

o<

Jack Marshall

Pitchfork Opts Out of the Pageview Rat Race

About Voices

Along with original content and posts from across the Dow Jones network, this section of AllThingsD includes Must-Reads From Other Web Sites — pieces we’ve read, discussions we’ve followed, stuff we like. Six posts from external sites are included here each weekday, but we only run the headlines. We link to the original sites for the rest. These posts are explicitly labeled, so it’s clear that the content comes from other Web sites, and for clarity’s sake, all outside posts run against a pink background.

We also solicit original full-length posts and accept some unsolicited submissions.

Voices is edited by Beth Callaghan.