Box, the cloud storage and file-sharing start-up, has gotten a massive $125 million E round. That makes roughly $284 million since Box started in 2005.
Most of the new money – $100 million, in fact – is coming from General Atlantic, which is also contributing one of the operating partners, former GE CIO Gary Reiner, to the Box board. Reiner is also on HP’s board.
It’s believed Box was valued at $1.2 billion as the Wall Street Journal suggested last week. It’s expected to go public next year, but could delay to burnish its P&L.
Current Box investors Bessemer Venture Partners, DFJ Growth, New Enterprise Associates, SAP Ventures and Scale Venture Partners, as well as new investor Social+Capital Partnership also kicked in. All Things Digital thinks there are also two undisclosed institutional investors.