Is NYC the East Coast’s New VC Capital?

Everybody knows it. Tom Brady knows it (when he was racking up Lombardi Trophies in Boston, he was getting his mail here). Mark Zuckerberg may have said he’d rather start Facebook in Boston, but the reality of it is, he launched offices in New York City. Clemens, The Babe, and Boggs: they all know, too. […]

Mark Cuban, The Champ, Sounds Off

NBA champion Dallas Mavericks owner Mark Cuban likes early-stage startups. He doesn’t like the Miami Heat, who his Mavs will square off against when the league kicks its season on Dec. 25. And, from the sound of it, he still doesn’t much care for Box.net’s prospects, either. I caught up with Cuban after his keynote […]

Box.net Sets Up $2M Fund for Developers

In an effort to boost its developer community, cloud storage provider Box.net has set up a $2 million fund to back future enterprise applications built on the Box platform. As part of the development fund, Box has also announced a new developer’s program called Box Innovation Network (also called /bin, which was named in a […]

Box.net to IPO, Likely to Raise More Cash First

Box.net is going public! Probably. Not soon, though, said Aaron Levie, the startup’s CEO. “It is part of the plan,” he acknowledged, when I had the opportunity to catch up with him in New York City during a visit (or, more like, whirlwind tour). He’ll be here a bit more often, for events, and later, […]

Box Wraps Up Funding With $81M Round

Content-sharing site Box.net has wrapped up its Series D expansion round, having raised $81 million. As peHUB.com previously reported, Salesforce.com and New Enterprise Associates have joined the round, along with Bessemer Venture Partners and previous investors Andreessen Horowitz and Draper Fisher Jurvetson Growth. Box has now raised more $162 million in total capital. CEO and […]

SalesForce Joining Box.net’s Huge Funding Round; NEA is Also in: UPDATED

(Update: New Enterprise Associates will join in Box.net’s current round that it is raising, peHUB has learned. We’ll post more details when they become available.) While Box.net CEO Aaron Levie was on stage today at the company’s BoxWorks conference in San Francisco announcing new business partnerships with Okta, Motorola and SalesForce, among others, TechCrunch reported […]

Box Forgoes $500M Offer, Reportedly From Citrix, for Bigger Things

Most companies less than five years old would be happy to entertain an offer to sell for $500 million. But Box.net, which provides cloud content management and collaboration services, reportedly spurned an offer that size from a suitor earlier this summer. As reported earlier today by VentureBeat, Box reportedly turned down a $500 million acquisition […]

Equidity Launches First Investor Relationship Management Platform

Woodside, Calif.-based Equidity Inc. launches today as it unveils a new platform to help institutional investors hook up with pre-IPO and newly public companies. The organization plans to hold its inaugural investor forum in November. Equidity was founded by CEO Mona DeFrawi, who previously was CEO of Menlo Park, Calif.-based InsideVenture, which she founded in […]

John O’Farrell on That Surprising New Andreessen Horowitz Fund

Earlier today, the Sand Hill Road venture capital firm Andreessen Horowitz announced that it has raised an additional $200 million fund to invest in “growth stage” companies. With a marketing blitz that has become routine for the firm — beginning with a blog post — the firm disclosed that the new monies, raised from existing […]

Box.net Busting Out, Hires Levin

VC-backed Box.net yesterday hired tech veteran Dan Levin as COO in, perhaps, what is another sign that the startup is headed for more growth. Levin, who was already a member of the board, was previously with Intuit. He joins the Box staff with a mission to keep the company’s growth headed in the right direction, […]


Box.net Co-Founder Gets Millionaire Matched

Money can’t buy you love, but shouldn’t $15 million be able to help get you a date?

Apparently not if you’re Dylan Smith, the 24 year-old co-founder and CFO of Box.net. His company today announced $15 million in new VC funding, but it seems he hasn’t been able to find the right “Scarlett Johansson type” in Palo Alto. Rather than continuing to woo through traditional channels — or perhaps go hunting for a hooker with a heart of gold — Smith turned to The Millionaire Matchmaker, a reality TV show that pairs the rich and romantically-inept with pretty young golddiggers.

His episode aired last night, and you can watch it after the jump. For those who can’t stomach it, here’s the synopsis: Smith seems like a very nice kid who has spent a few hundred thousand too many hours in front of a computer. He gets a minor makeover, learns to dance (sort of) and meets a girl who later visits him in Palo Alto. Enjoy:

Box.net Raises $15 Million

Box.net, a Palo Alto, Calif.-based provider of an online filing system, has raised $15 million in Series C funding. Scale Venture Partners led the round, and was joined by return backers Draper Fisher Jurvetson and U.S. Venture Partners. Box.net previously raised around $14.5 million.

Box.net Buys Increo Solutions

Box.net, a Palo Alto, Calif.-based provider of an online filing system, has acquired Increo Solutions, a Mountain View, Calif.-based developer of collaborative online document and media viewing tools. No financial terms were disclosed. Box.net has raised $12.5 million from U.S. Venture Partners and Draper Fisher Jurvetson, while Increo raised a small amount of seed funding from DFJ.

Box.net Raises $6 Million

Box.net, a Palo Alto, Calif.-based provider of an online filing system, has raised $6 million in Series B funding. U.S. Venture Partners led the round, and was joined by return backer Draper Fisher Jurvetson. PRESS RELEASE Box.net, the web’s first online file system, announced today that it has raised $6 million in a Series B […]

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