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This morning at its San Francisco offices, Google announced a rebrand of its enterprise products, renaming the set of tools and productivity services ‘Google for Work.’ The new nomenclature will stretch across the company’s various business tools, with each service picking up a ‘for Work’ appendage — Google now vends Drive for Work, Search for Work, and… Read More
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This morning Box announced that it will integrate its cloud storage solution into Microsoft’s popular Office 365 productivity suite. The company also indicated that its ‘Business’ SKU will no longer have a file storage cap, joining its ‘Enterprise’ SKU in having unlimited storage attached to each user’s account. The storage play is simple: As the amount… Read More
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After much ado and pomp, Box released its updated S-1 document yesterday, revamping some of its usage statistics, and detailing the results of its fiscal first quarter. The company posted revenue of $45.3 million in the period, up 93.6 percent year-over-year. Its net loss totaled $38.5 million in the quarter, up a slimmer 13 percent. Read More
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When two closely competing companies make purchases on the same day, it’s probably fair to say that it’s not a coincidence. Such was the case yesterday when Box and Dropbox purchased early stage startups only hours apart. In fact, the cloud startups with similar names have been on mini buying sprees of late, fighting to fill in holes and improve their products as they march toward… Read More
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This morning Box, a cloud-based file-management service, announced that it has acquired Streem, a Y Combinator-backed company that allows customers to “stream” files to their desktop environments. Box declined to share terms of the agreement, but did note in an email that it bought the company using a blend of cash and stock. The four members of Streem will join Box.… Read More
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