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Kkr Invests $500 Million In Cloud Storage Firm Box, Gets Board Seat

Kkr Invests $500 Million In Cloud Storage Firm Box, Gets Board Seat

04/09/21, 4:41 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgredwood city
Money raised
$500 million
Box said on Thursday private equity giant KKR would lead a $500 million investment in the company and get a board seat, marking an end to the cloud services provider's strategic review.

Company Info

Company
Box
Location
redwood city, california, united states
Additional Info
Box (NYSE:BOX) is a leading cloud content management platform that enables organizations to accelerate business processes, power workplace collaboration, and protect their most valuable information, all while working with a best-of-breed enterprise IT stack. Founded in 2005, Box simplifies work for leading organizations globally, including AstraZeneca, JLL, and Morgan Stanley. Box is headquartered in Redwood City, CA, with offices in the United States, Europe, and Asia. To learn more about Box, visit http://www.box.com. To learn more about how Box powers nonprofits to fulfill their missions, visit Box.org.