Box.net achieves record growth and triples revenue in H1 2010
Box.net, a leading provider of cloud content management software to users worldwide, announced today that it achieved a record growth in the first half of 2010. Around 4 million users rely on Box.net to share, collaborate and manage content on the cloud. The company’s strategic partnerships with Google Apps and NetSuite, $15M in Series C financing, SAS70 certification all helped them with their increase in market share.
Box’s constant product innovations have been a major factor in their growth. For instance their Box app for iPad was one among the first business applications for the iPad, their QuickOFfice Connect Mobile Suite for iPhone, Blackberry and Android and the Box Sync, which helps users, connect their desktops to cloud management and more. The constant innovation and the ability to keep up with the latest technology make them popular.
Commenting on the massive growth, Aaron Levie, co-founder and CEO of Box, said, “Box is experiencing tremendous growth as innovative IT leaders look to cloud content management to address massive information and collaboration challenges that aren’t being solved by legacy solutions. While we’ve traditionally seen consistent traction among small and medium businesses, 2010 has brought a major spike in adoption of Box by large enterprises looking to replace or supplement on-premise systems like SharePoint with a more agile, user friendly solution. We think that a cloud-based approach to content management and collaboration is incredibly powerful, and we’ll continue to invest in the partnerships and platform enhancements that are driving adoption across businesses of all sizes.”
Some of the Fortune 500 global companies that use Box.net’s products include, P&G, Intel, Nike, Nokia, Siemens, DIRECTTV, Discovery Networks, Meebo, The Oprah Winfrey Network, Coca Cola, Audi, Volvo and many more. Customers get all that they want in one single flexible solution.
Recognized as the #2 fastest growing private company in Silicon Valley by the Silicon Valley/San Jose Business Journal and placed in Gartner’s “Visionary” quadrant for managed file transfer solutions, Box.net is one company to watch out for.
[Photo courtesy of box.]