Box.net Received $16 Million for an Online File System

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Box.net Received $16 Million for an Online File System

Box.net raised $16 Million in Series B funding from U.S. Venture Partners and Draper Fisher Jurvetson.

What does Box.net do?

Box.net provides and online file system.

VCU says:

Box.net was founded in 2005. They state that they are the first online file system that enables users to share, store, and access files of any type from anywhere.

As of the writing of this story Box.net has more than 1.4 million users and serves over 1 million files every day.

Box.net was the first internet storage provider to launch an open API in late 2005. They also have a developer network of over 1,000 developers.

In December 2007, the company launched its OpenBox platform, which connects data from Box.net with other applications and services across the web, allowing users to interact with their files in a wide range of web-based services and applications that drive productivity. The open platform permits companies and developers to integrate their applications and services on the Box.net website.

Take a look at Box.net.

Founders:

NA

Funders:

Read more about Draper Fisher Jurvetson here.

Read more about U.S. Venture Partners here.




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