Box, Inc.

Box, Inc.
Type of businessPublic
Type of site
Traded asNYSEBOX
S&P 600 component
HeadquartersRedwood City, California, U.S.
Founder(s)
Key peopleAaron Levie (CEO)
RevenueIncrease US$1.04 billion (2024)
Operating incomeIncrease US$50.8 million (2024)
Net incomeIncrease US$99.1 million (2024)
Total assetsIncrease US$1.24 billion (2024)
Total equityNegative increase US$−431 million (2024)
Employees2,530 (2024)
URLbox.com
Launched2005; 19 years ago (2005)[1][2] (as Box.net) in Mercer Island, Washington, U.S.
ASN
Financials as of January 31, 2024.[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.

  1. ^ Rachel King (March 6, 2014). "How Aaron Levie and his childhood friends built Box into a $2 billion business, Box V4, without stabbing each other in the back". TechRepublic. Archived from the original on January 30, 2021. Retrieved December 1, 2016. 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.
  2. ^ Aaron Levie (September 14, 2011). "Commentary: Why we had to leave Seattle to build Box.net". GeekWire. Retrieved December 1, 2016. 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.
  3. ^ "Box FY 2024 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. March 11, 2024.