May 27, 2017 5:52 PM ET

Internet Software and Services

Company Overview of Box, Inc.

Company Overview

Box, Inc. provides cloud content management platform that enables organizations of various sizes to manage their enterprise content from anywhere. The company’s platform enables users to collaborate on content internally and with external parties, automate content-driven business processes, develop custom applications, and implement data protection, security, and compliance features. Box, Inc. offers its solution in 22 languages. It serves healthcare and life sciences, financial services, legal services, media and entertainment, retail, education, energy, and government industries primarily in the United States. The company was formerly known as Box.net, Inc. and changed its name to Box, Inc...

900 Jefferson Avenue

Redwood City, CA 94063

United States

Founded in 2005

1,495 Employees

Phone:

877-729-4269

Key Executives for Box, Inc.

Co-Founder, Chairman and Chief Executive Officer
Age: 31
Total Annual Compensation: $180.0K
President, Chief Operating Officer and Director
Age: 52
Total Annual Compensation: $300.0K
Co-Founder, Chief Financial Officer and Director
Age: 30
Total Annual Compensation: $300.0K
Senior Vice President, General Counsel and Corporate Secretary
Age: 51
Total Annual Compensation: $335.0K
Compensation as of Fiscal Year 2017.

Box, Inc. Key Developments

Box, Inc. Proposes Amendment to Amended and Restated Certificate of Incorporation

Box, Inc. proposed amendment to amended and restated certificate of incorporation, to its 2017 annual meeting of stockholders to be held on June 21, 2017.

Box Introduces New Flexible Pricing Model for Box Platform

Box, Inc. announced a new subscription-based pricing model for Box Platform. The new Box Platform pricing model offers both flexibility and predictability to meet the needs of businesses and organizations of all sizes. Under the new pricing model, Box Platform is licensed based on active usage of an application each month. Businesses license bundles of resources, which include monthly active users (MAUs), monthly API calls, monthly bandwidth, and total storage, and only license the number of bundles required to support their application's usage each month. This new model reduces friction for businesses to get started and provides flexibility for businesses to license additional resources as adoption grows, while still offering predictable annualized contracts for enterprise buyers. The new Box Platform pricing model provides businesses with scalability, as businesses will only license the amount of resources their application will utilize each month and can license additional resources as adoption grows. Customizability with the ability to license resources a la carte to fit an application's needs, even licensing outside of the bundles structure for back-office use cases that do not require user licenses. Predictability with annualized contracts that normalize usage over the entire contract term to account for periods of growth and seasonality. If a business exceeds their resource entitlements, they will simply true-up at their current usage in the next contract term.

Fujitsu Becomes Box Official Reseller in Japan

Box announced that Fujitsu has become an official Box reseller in Japan. Box said the reseller relationship will enable Fujitsu to accelerate Box sales and also strengthens the working relationship between the two companies in the cloud-content management space. Box announced that in December Fujitsu launched its Fujitsu Enterprise Application Digital Global Communication Service to support rapid implementation of communication platforms. The service includes Box as the cloud-content management tool.

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