{"id":2842,"date":"2012-07-26T15:06:00","date_gmt":"2012-07-26T15:06:00","guid":{"rendered":"http:\/\/cloudcomputing.sys-con.com\/node\/2320765"},"modified":"2012-07-26T15:06:00","modified_gmt":"2012-07-26T15:06:00","slug":"box-raising-money-at-1-2-billion-valuation-wsj","status":"publish","type":"post","link":"https:\/\/icloud.pe\/blog\/box-raising-money-at-1-2-billion-valuation-wsj\/","title":{"rendered":"Box Raising Money at $1.2 Billion Valuation: WSJ"},"content":{"rendered":"<p>After reportedly snubbing an acquisition bid from Citrix worth at least $700 million earlier this year, Box, the cloud storage start-up, is raising more money at the tune of a $1.2 billion valuation, the Wall Street Journal reports.<br \/>\nIt supposedly has designs on going public next year at a $2 billion-$3 billion valuation.<br \/>\nThe seven-year-old outfit that started in a college dorm has raised about $162 million so far from Mark Cuban, Salesforce.com, SAP, Andreessen Horowitz, Emergence Capital Partners, New Enterprise Associates and DFJ Growth at a valuation of more than $600 million, the paper said.<br \/>\nIt is focused now on the paying enterprise as opposed to the consumer, who can use it for free. Box, which lets co-workers collaborate on and edit documents, claims 11 million users at 120.000 companies, including the San Francisco Giants football team and Proctor &#038; Gamble. <\/p>\n<p><a href=\"http:\/\/cloudcomputing.sys-con.com\/node\/2320765\" >read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>After reportedly snubbing an acquisition bid from Citrix worth at least $700 million earlier this year, Box, the cloud storage start-up, is raising more money at the tune of a $1.2 billion valuation, the Wall Street Journal reports.<br \/>\nIt supposedly has &#8230;<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-2842","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/2842","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/comments?post=2842"}],"version-history":[{"count":0,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/2842\/revisions"}],"wp:attachment":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/media?parent=2842"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/categories?post=2842"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/tags?post=2842"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}