Company bets $48M on Box.net
PALO ALTO, Calif. It's Box.net, a provider of online storage lockers for personal
and corporate information. The company is getting $48 million from
a group of investors and financiers, including two of Facebook's
major shareholders: VC firms Meritech Capital and Andreessen
Horowitz.
Box is based in Palo Alto like Facebook. Its CEO, Aaron Levie,
is 26 years old like Zuckerberg, who dropped out of Harvard
University in 2004 to focus on building Facebook.
Levie also dropped out of his college, the University of
Southern California, to think outside of the box with Box.