Web Storage Company Box Secretly Files for IPO [iOS Blog]

Web Storage Company Box Secretly Files for IPO - Mac Rumors window.fbAsyncInit = function() { FB.init({ appId : '263507923666566', status : true, // check login status cookie : true, // enable cookies to allow the server to access the session xfbml : true // parse XFBML }); }; (function() { var e = document.createElement('script'); e.src = document.location.protocol + '//connect.facebook.net/en_US/all.js'; e.async = true; document.getElementById('fb-root').appendChild(e); }()); Front Page Mac Blog iOS BlogRoundups AirPortApple TViMaciOS 7iPad AiriPad miniiPhone 5ciPhone 5siPhone 6iPod classiciPod nanoiPod shuffleiPod touchiWatchMac miniMac ProMacBook AirMacBook ProOS X MavericksThunderbolt Display Buyer's Guide ForumsGot a tip for us? Share it... Push Twitter Facebook RSS a. Send us an emailb. Anonymous formclose (x)Web Storage Company Box Secretly Files for IPOFriday January 31, 2014 7:07 am PST by Kelly HodgkinsOnline storage company Box has secretly filed for an IPO, according to Quartz and the Wall Street Journal. Box last year raised $100 million in venture funding and is valued at approximately $2 billion. An IPO could bring an additional $500 million to the company during a time when competition between rival Dropbox is intensifying.

Box is reportedly taking advantage of a provision in the JOBS Act, which allows companies with an annual revenue of less than $1 billion to file its IPO prospectus confidentially with the Securities and Exchange Commission. A Box spokesperson declined to comment on the possibility of an IPO.

“We don’t have anything to share at this time. We’re focused on continuing to build our business and expand our customer relationships globally,” a Box spokesman told Quartz in an emailed statement.

Box recently overhauled its iOS app [App Store] and boosted the capacity of its free storage plan for a limited time. Users who download the app between January 15 and February 15, 2014 will receive free 50 GB of online storage for the life of their accounts. [ 20 comments ] Share on Twitter Share on Facebook Share on Google+ Top Rated Comments(View all)

RazeusPosted: 2 days ago at 02:25 pmDropbox really needs to do something about their pricing.

I won't be renewing my sub with them. I have so much cloud storage available to me (200GB) from various companies, that it's pointless to keep paying.

The point of me paying for Dropbox was to have everything in one folder/one company, but their price per GB ratio has got out of hand.

I've I were going to pay, I probably just use Copy.com as they give you 2.5x the space for the same price as Dropbox.Rating: 3 PositivesdontcallmedazPosted: 1 day ago at 05:52 amI'm staying loyal to Dropbox still for the convenience, that and a healthy amount of SkyDrive space for non critical stuff is sufficient at the moment.

Would be nice to be able to get additional space on Dropbox without paying through the roof for it though. Hopeful the competition will lead to better deals and I can consolidate everything in one place.Rating: 2 PositivesParaspritePosted: 2 days ago at 07:22 am50 GB of online storage

Hmm, sounds good. It even looks like they have multi-platform compatible apps (Mac/Windows/iOS/Android).

Free: File Size Limit 250 MB

Oh. Well that limits it's use.

Still it might be worth squatting the space while it's at 50 GB.Rating: 2 PositivesdannyyankouPosted: 2 days ago at 07:21 amNot so secret anymore.Rating: 2 PositivesCarlangaPosted: 1 day ago at 06:50 amThanks MR

I orig got 50GB for when I bought my hp touchpad but never really used the app

I just downloaded and signed in using my iPhone and my account shows:
Max File Size: 5GB
Storage Quota: 100GB. :eek:
CRAzY size.Rating: 1 PositivesJuicyJonesPosted: 2 days ago at 08:37 pmI did away with DropBox and got Copy a few months back. I really like it. It's encrypted, has no file size limits, and has some cool sharing features.Rating: 1 PositivesPaul7Posted: 2 days ago at 04:42 pmI've been trying out Box with the Mac for the past few days and it has been horrible. It makes you realize just how hard sync must be.

For one thing, Box does not support packaged files (eg. Pages, Numbers, Aperture, iPhoto, etc.), which is pretty basic file type to the Mac and has been around for years (conversely, Dropbox supports such formats).

Box also does not sync very well. I keep getting Sync errors, which I've never had before with Dropbox (in over 2 years!). And it wasn't because of the files, as they were the same files I synced (successfully) with Dropbox. (I just moved the files over)

Their iOS app also doesn't support the iWork files, (eg. Pages, Numbers, Keynote) even though such functionality is built into the iPad/iPhone, etc.

I would avoid Box if at all possible, especially if you are a Mac user. Stick with Dropbox which has been rock solid reliable. In the end, you get what you pay for, which is the why we all bought a Mac in the first place!Rating: 1 Positivesdarkslide29Posted: 2 days ago at 07:22 amI can only imagine the number of users they have signed up, thanks to their constant free 50gb promo. Those millions of users that flock to the promo look attractive to investors. I know that's why I have signed up (over a year ago, the same 50gb promo!) but I never actually use it. So I don't expect this to go well long term.Rating: 1 Positives
[ Read All Comments ]Front Page StoriesTim Cook Visits United Arab Emirates Amid Rumors of Apple Retail Store Plans7 hours ago on Front PageFollowing his visit to Ireland on Friday, Apple CEO Tim Cook has been spotted in the United Arab Emirates this weekend, as highlighted by tbreak media. Cook posed for photos at Apple reseller Virgin...49 commentsNew Renderings of Apple's New Flagship San Francisco Store Reveal Massive 2-Story Sliding Glass Panels16 hours ago on Front PageRevised plans for Apple's proposed flagship retail store in San Francisco's Union Square include new renderings of the location, reports SocketSite. The prospective store is now pictured to...64 commentsRumored 'Healthbook' App for iOS 8 Suggests Significant Health Component to iWatch2 days ago on Front PageApple is developing a new app expected to be released alongside iOS 8 that collects and organizes information and data points related to the users health, including fitness statistics from the new M7...224 commentsJobs Biographer Walter Isaacson: 'Execution is What Really Matters,' Apple is the Best2 days ago on Front PageEarlier this month, Walter Isaacson, the man who wrote the best-selling biography of Steve Jobs, garnered some attention when he told a CNBC interviewer that the "greatest innovation today"...143 commentsProtestors Rally Against 'Candy Crush Saga' Developer with Deluge of Candy-Themed Games2 days ago on Front PageKing, the developer behind mega-hit Candy Crush Saga, was recently awarded a UK trademark on the term "candy" for use in video games and is awaiting approval on a similar trademark in the...112 commentsApple CEO Tim Cook Heads to Ireland to Visit Government Officials, Company Facilities2 days ago on Front PageApple CEO Tim Cook is currently in Ireland visiting the company's facilities in Cork and preparing to meet with government officials this afternoon, according to a report from TheJournal.ie. The...66 commentsAnalyst Skeptical About Imminent Launch for 12.9-Inch 'iPad Pro'3 days ago on Front PageA rumored 12.9-inch iPad may still have significant development time left, according to an analyst at IHS, a supply chain research firm. According to CNET, IHS analyst Rhoda Alexander said there were...133 commentsMajor League Baseball Rolling Out Thousands of iBeacons for Opening Day3 days ago on Front PageNext week, Major League Baseball will begin rolling out thousands of iBeacons in ballparks around the country according to a source familiar with the plans who shared them with MacRumors. The...39 comments• Apple Hires Chief Medical Officer From Pulse Oximetry Company Masimo, Possibly for iWatch Team (48)• Apple Snaps Up Several '.Guru' Domain Names on Launch Day (74)• PayPal Angling for Mobile Payment Partnership with Apple (133)• 'SwiftKey Note' Brings Contextual Word Suggestions and Autocorrect to iOS with Evernote Integration (77)• Apple Details Pressure-Sensitive Touchscreen in New Patent Application (36)• Apple Looking to Take Arizona Sapphire Plant Live in February for 'Critical' Component (58)• Nintendo Confirms No Games Coming to iOS, But Service App in the Works (132)Rumors by ProductiPhone- iPad- iPad Mini- iPod
MacBook Pro- Retina MacBook Pro
MacBook Air
Mac mini- iMac- Mac Pro

Blogs: iPhone - Mac

 

MacRumors attracts a broad audience of both consumers and professionals interested in the latest technologies and products. We also boast an active community focused onpurchasing decisions and technical aspects of the iPhone, iPod, iPad, and Mac platforms.

Advertise on MacRumors Our Staff Arnold Kim Editorial Director Email • Twitter Eric Slivka Editor in Chief Email • Twitter Jordan Golson Editor Email • Twitter Marianne Schultz Editor Email • Twitter Juli Clover Editor Email • Twitter Husain Sumra Contributing Editor Email • Twitter Richard Padilla Contributing Editor Email • Twitter Kelly Hodgkins Contributing Writer Email • Twitter • Google+ Links Touch Arcade The TouchArcade Show - 140 - Flappy BirdcastTouchArcade Game of the Week: 'Dawn of the Plow''Galcon Legends' Set to Arrive on February 6th'Super Ball Juggling' and 'Shuriken Block' Join 'Flappy Bird' in Top Free Downloads ChartSteph Thirion Announces 'Eliss Infinity' Launching February 6th'Bloodstroke' Review - Paint the Town Red. Lots of Red. AppShopper See Who's at Your Door with SkyBell for iPhoneUnlock Your Mac by Knocking on Your iPhone with 'Knock'Apple Announces Fifth-Generation iPad and Retina Display iPad miniApple Releases OS X Mavericks Today as a Free DownloadApple to Hold Media Event on October 22Find Apps Updated for iPhone 5s, iOS 7, and Game Controllers Easily on AppShopper Copyright © 2000-document.write(new Date().getFullYear()) MacRumors.com, LLC.
Privacy / DMCA contact / Affiliate and FTC Disclosure


Mobile Version | Fixed | Fluid | Fluid HD

View the original article here