Online file sharing company Box picked up $100 million of investment from partners including Telefonica Digital and Telstra, stating that “our new partners will help us connect and work with businesses in key markets”.
Aaron Levie, co-founder and CEO of Box, said: “The combination of cloud and mobile technologies creates an entirely new way of working that will fundamentally reshape the IT industry.”
Telefonica and Telstra were described as having made “strategic investments”.
According to The Wall Street Journal, the latest funding values Box at $2 billion. The report said the company intends to open its first offices in Australia, Brazil and Japan in 2014, and invest further in its European (London) headquarters.
Tracy Isacke, Telefonica’s EVP of investment and business development, said: “We know how much our customers, both large and small, value the convenience and flexibility of cloud storage, and Box is the clear leader in this space.”
And Mark Sherman, managing director of Telstra Ventures, said: “As businesses and people worldwide begin to adopt the cloud, Telstra is investing globally to build relationships and cultivate the new technologies and applications that will shape how we work and collaborate.”
Other new “strategic partners” include Japanese trading company Itochu, technology company Macnica, conglomerate Mitsui, TMT investment firm Coatue, and internet investor DST Global.
Existing Box investors Bessemer Venture Partners, DFJ and The Social+Capital Partnership also participated in the round.
Box said that it has more than 20 million users at more than 180,000 businesses. Content on Box can be accessed via the web or iOS, Android and Windows Phone apps.