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January 23, 2008

Box.net Raises $6M More for Online Storage

Mark Hendrickson

17 comments »

Online storage provider Box.net has raised $6M in a Series B round of financing led by U.S. Venture Partners and involving Draper Fisher Jurvetson.

According to the release, Box.net currently has over 1.4 million registered users and will use the funding “to continue company expansion, including the development and marketing of new services and products.”

We recently covered the launch of OpenBox, a way for third-party web service developers to build functionality into Box.net. The company raised its $1.5M in Series A funding from Draper Fisher Jurvetson mid-2006 when it had only 500,000 members.

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This entry was posted on Wednesday, January 23rd, 2008 at 10:00 am and is filed under Company & Product Profiles. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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Comments

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  1. Steel

    January 23rd, 2008 at 10:44 am

    great Move. Just hope they don’t EVER get caught up in the social scheme. A great business for the times.

  2. Baher

    January 23rd, 2008 at 10:47 am

    Congrats to Box.net, I really admire their service and their focus on their core business values from the day they started.

  3. TechnoQ

    January 23rd, 2008 at 11:21 am

    Only time will tell the outcome of this!

    http://technoq.blogspot.com

  4. antje wilsch

    January 23rd, 2008 at 11:38 am

    only 500,000 members?

  5. Robin Hood

    January 23rd, 2008 at 12:14 pm

    I recently had a free trial for their business account. It offered some pretty cool features (some more than we needed). I went with JungleDisk (www.jungledisk.com) and Amazon S3 service (http://www.amazon.com/gp/browse.html?node=16427261) instead.

    Does anyone know if Box uses Amazon S3?

  6. S3BOX

    January 23rd, 2008 at 1:00 pm

    S3box will be S3-centric, fyi.. soon available, cheers (and btw congrats to box.net!)

  7. alex bard

    January 23rd, 2008 at 1:04 pm

    Congrats Aaron and Dylon! Great job in growing the business. I wish you continued success and growth!

  8. CanCar

    January 23rd, 2008 at 1:06 pm

    The gains for this company have really been very good. It would be ideal to do the competition to them!!

  9. t8

    January 23rd, 2008 at 2:36 pm

    you know its only time before this comes up….

    whats up with Omnidrive? Lol.

  10. David

    January 23rd, 2008 at 3:45 pm

    Congratulations, Aaron and Dylan. Yet another testament to the talent that continues to flow from Mercer Island.

  11. xxdesmus

    January 23rd, 2008 at 4:04 pm

    I love this site…when used with the Office 2007 plugin (to save to your Box.net space) it becomes VERY useful.

  12. Technicle

    January 23rd, 2008 at 5:15 pm

    Flash made it tick.. in fact, box.net demonstrated one usefulness of Flash (other than YouTube).

  13. Bali

    January 24th, 2008 at 6:45 am

    to continue company expansion, including the development and marketing of new services and products?

  14. Peter

    January 24th, 2008 at 10:07 pm

    For all online backup and related info, there is an excellent site:

    BackupReview.info

    Box.net is ranked in the top 10 at this site.

  15. Jonathan

    February 19th, 2008 at 11:19 am

    Dylan,

    Congrats on the success of box. Real pleasure to see such a good guy making it big.

    Just so happens, I think you offer a killer service too.

    Jono

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