Type of business | Public |
---|---|
Type of site |
|
Traded as | NYSE: BOX S&P 600 component |
Headquarters | Redwood City, California, U.S. |
Founder(s) | |
Key people | Aaron Levie (CEO) |
Revenue | US$1.04 billion (2024) |
Operating income | US$50.8 million (2024) |
Net income | US$99.1 million (2024) |
Total assets | US$1.24 billion (2024) |
Total equity | US$−431 million (2024) |
Employees | 2,530 (2024) |
URL | box |
Launched | 2005[1][2] (as Box.net) in Mercer Island, Washington, U.S. |
ASN | |
Financials as of January 31, 2024[update].[3] |
Box, Inc. (formerly Box.net) is a public company based in Redwood City, California. It develops and markets cloud-based content management, collaboration, and file sharing tools for businesses. Box was founded in 2005 by Aaron Levie and Dylan Smith. Initially, it focused on consumers, but around 2009 and 2010 Box pivoted to focus on business users. The company raised about $500 million over numerous funding rounds before going public in 2015. Its software allows users to store and manage files in an online folder system accessible from any device. Users can then comment on the files, share them, apply workflows, and implement security and governance policies.
Development for Box, then Box.net, started at the end of 2004, but really got off the ground and went online in 2005 during their second years of college.
Box – which now competes with Redmond's very own Microsoft SharePoint – had been started in early '05 from college dorm rooms in California and North Carolina.