Enterprise

Box.net Raises $81 Million Expansion Round

Published on October 11, 2011
by Pui-Wing Tam

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.

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