Box fourth quarter revenue up 20 percent, but stock down 22 percent after hours

By most common sense measurements, Box had a pretty good earnings report today, reporting revenue up 20 percent year over year to $163.7 million. That doesn’t sound bad, yet Wall Street was not happy with the stock getting whacked, down more than 22 percent after hours as we went to press. It appears investors were […]

View More Box fourth quarter revenue up 20 percent, but stock down 22 percent after hours

Reserve your demo table today for the TechCrunch Winter Party at Galvanize

There are just three short weeks until Silicon Valley’s startup community takes a night off to relax, connect and get down at the 2nd Annual TechCrunch Winter Party at Galvanize. It’s not just an opportunity to have a great time — although you will. It’s also the chance for promising early-stage startups to strut their […]

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Box hires former SAP exec as Chief Information Security Officer

Box announced today that it has hired Lakshmi Hanspal to be the company’s new Chief Information Security Officer (CISO). She boasts 20 years of security experience including holding executive security roles at SAP Ariba and Bank of America. She also spent time in a senior role at PayPal. In a blog post announcing the hire, […]

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Box builds a digital hub to help fight content fragmentation

The interconnectedness of the cloud has allowed us to share content widely with people inside and outside the organization and across different applications, but that ability has created a problem of its own, a kind of digital fragmentation. How do you track how that piece of content is being used across a range of cloud […]

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Dropbox and Box were never competitors

As Dropbox had its IPO moment this morning, more than 10 years after launching, we can finally put one myth to rest. Dropbox and Box were never targeting the same customers. As Anshu Sharma, founder at Prekari, a stealth startup and former partner at Storm Venture tweeted earlier today: If you are a VC and […]

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Box launches new consulting unit to help customers struggling with digital transformation

 Box announced a new consulting organization today called Box Transform. It is designed to help companies understand that transformation requires a new way of working and thinking as an organization, beyond simply adopting new technologies like Box. Box CEO Aaron Levie says that as his company has grown, they see their mission as more than selling software. It’s about helping change… Read More

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