Box.net, a Palo Alto, CA-based Cloud Content Management provider, has secured $15m in a Series C financing.
The round, which was led by Scale Venture Partners, brings the company’s total venture funding to $29.5m since its launch in 2005.
Existing investors Draper Fisher Jurvetson and U.S. Venture Partners also participated in the investment.
In conjunction with the financing, Rory O’Driscoll, Managing Director with Scale Venture Partners, has joined Box.net’s board of directors.
The capital infusion will enable the company to expand its technology platform partnerships.
Box.net is used by over 4m users and companies ranging from small businesses to Fortune 500 companies.
FinSMEs
07/04/2010