Menu
Box fuels international expansion with new funding

Box fuels international expansion with new funding

Telstra in Australia will start selling its service soon and a launch in Japan is planned for next year

Investments from network operators Telstra, Telefónica and others will help fuel Box's international expansion.

The cloud storage vendor has received US$100 million via investments and commercial agreements, it said on Thursday.

Telstra said it will start offering secure file-sharing and collaboration solutions to its Australian business customers in the coming months. In the past, maintaining control of file access and user privileges was a challenge for customers, but Box now has the tools to overcome that, according to Telstra.

To build on its existing management features, Box last week acquired the technology behind a company called dLoop, which it will use to add controls that give enterprises more features for protecting their content.

The technology from dLoop uses machine-learning to help discover documents that are normally unreachable by search or pattern matching solutions, according to Box. Once it has integrated the dLoop technology, Box will automatically be able to find the content most relevant to enterprise administrators, the company said when the deal was announced.

Working with network operators to help spread the use of its services is nothing new for Box. The company already works with the likes of mobile network EE in the U.K. and with German mobile and fixed network operator Deutsche Telecom.

The deals Box has now signed will also result in an official launch in Japan some time next year. They build on work the company has already done in Europe during the last 18 months. The company first opened an office in London last year, and has since opened outposts in Munich and Paris. Earlier this year Box also organized its first European customer conference in the British capital.

Box has more than 20 million users worldwide at more than 180,000 businesses, it said. That is up from 150,000 businesses and 15 million users in March.

Send news tips and comments to mikael_ricknas@idg.com


Follow Us

Join the New Zealand Reseller News newsletter!

Error: Please check your email address.

Tags business issuesstorageBox.netSoftware as a servicecloud computinginvestmentsinternet

Featured

Slideshows

Sizing up the NZ security spectrum - Where's the channel sweet spot?

Sizing up the NZ security spectrum - Where's the channel sweet spot?

From new extortion schemes, outside threats and rising cyber attacks, the art of securing the enterprise has seldom been so complex or challenging. With distance no longer a viable defence, Kiwi businesses are fighting to stay ahead of the security curve. In total, 28 per cent of local businesses faced a cyber attack last year, with the number in New Zealand set to rise in 2017. Yet amidst the sensationalism, media headlines and ongoing high profile breaches, confusion floods the channel, as partners seek strategic methods to combat rising sophistication from attackers. In sizing up the security spectrum, this Reseller News roundtable - in association with F5 Networks, Kaspersky Lab, Tech Data, Sophos and SonicWall - assessed where the channel sweet spot is within the New Zealand channel. Photos by Maria Stefina.

Sizing up the NZ security spectrum - Where's the channel sweet spot?
Kiwi channel comes together for another round of After Hours

Kiwi channel comes together for another round of After Hours

The channel came together for another round of After Hours, with a bumper crowd of distributors, vendors and partners descending on The Jefferson in Auckland. Photos by Maria Stefina.​

Kiwi channel comes together for another round of After Hours
Consegna comes to town with AWS cloud offerings launch in Auckland

Consegna comes to town with AWS cloud offerings launch in Auckland

Emerging start-up Consegna has officially launched its cloud offerings in the New Zealand market, through a kick-off event held at Seafarers Building in Auckland.​ Founded in June 2016, the Auckland-based business is backed by AWS and supported by a global team of cloud specialists, leveraging global managed services partnerships with Rackspace locally.

Consegna comes to town with AWS cloud offerings launch in Auckland
Show Comments