Aaron Levie
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Box looks to woo Wall Street with its positive cash flow story
Like Box’s last quarterly check-in, the company once again touted that it had free cash flow in the first quarter this year as part of its Q1 earnings report today — a signal that Wall Street may be looking for as a barometer of its future health as a company. Box’s Levie touts positive cash flow
Cloud content management company Box posted fourth quarter earnings after the bell on Wednesday with shares quickly plummeting in initial after-hours trading. They mostly recovered, trading down just 1% by late afternoon. Box beat investor expectations with an adjusted loss of 10 cents per share versus the negative 14 cents forecast. Revenue for the quarter was also a beat at $109.9… Read More
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Box unveils an overhauled Box Notes productivity platform
Box Notes, a productivity tool at Box, is announcing updated functionality and a new design. The platform, which Box says is used by nearly 40% Fortune 500 companies, will now let users view and edit all notes within a single browser, without having to leave Box Notes to search folders. They will also be introducing desktop apps, to make it easier to access Box Notes on both Mac and PC,… Read More
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After more than a decade, the fire still burns for Box CEO Aaron Levie
Box CEO Aaron Levie has been at it for more than a decade. For a guy barely past 30, that means it’s all he’s done professionally for his entire adult life. You could forgive him if he were thinking about another challenge, but even after all this time, the fire still clearly burns for Levie. When I asked him about possibly getting bored in an in-person interview this week at… Read More
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It’s a long hard road from idea to IPO
It may not seem it, but coming up with an idea for your startup is probably the easiest part of launching your own company. As one industry insider told me, there are a million ways to screw up that idea through poor execution, and many, many lose their way. Yet a precious few fight through the problems and the challenges, and somehow with a bit of luck and a lot of moxie, make it to IPO. The… Read More
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Box introduces “New Box” at BoxWorks
Box has always been known as the irritant in the content management industry, that plucky cloud upstart ready to take on the staid and conservative on-prem competition, but after more than a decade in the business, a public company for 18 months, perhaps the company felt it was time to disrupt itself. Today, at the BoxWorks customer conference, it announced a “new Box” with an… Read More
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Box Shuttle helps ferry legacy file stores to cloud
Box announced Box Shuttle today, a new service that combines software and consulting to help customers move large — as in millions or even hundreds of millions — of legacy files to the Box service. Previously, companies with files stored in network file shares or legacy content management systems like Microsoft SharePoint, EMC Documentum or OpenText were on their own when it came… Read More
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New Box product will let you choose storage from IBM and AWS
For several years, Box CEO Aaron Levie has been trying to get people to understand his company is not in the storage business. To drive that point home Box announced Box Zones today, a product that lets customers choose a storage component from another vendor, enabling customers to store files in-country when their privacy laws require it. Box is actually announcing the product today,… Read More
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Okta expands partnership with Box to include enterprise mobility management
Okta, a company mostly known for cloud identity management, made a foray into enterprise mobility management (EMM) at the end of 2014. Today, it announced a partnership with Box to support device-level security for the Box mobile app. The company is hoping this is the start of a series of partnerships with enterprise mobile app vendors that will enable them to apply a set of policies on… Read More
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Box KeySafe Aims To Simplify Encryption Key Management For SMBs
Box announced a new product today called Box KeySafe that should help simplify encryption key management, putting it in reach of small to medium sized businesses (SMBs) who require encryption, but want to avoid the complexities associated with Box’s higher end Enterprise Key Management product. Many highly regulated industries have wanted to move to the cloud, but security and… Read More
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