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Box to go public, hoping to raise $250M

2014-03-25 12:02:13| InfoWorld: Top News

Box, the eight-year-old company that has taken on industry giants to become a leader in cloud storage and file sharing, will seek to raise $250 million by selling shares publicly for the first time. The Los Altos, California, company announced on Monday that it had filed a registration statement with the U.S. Securities and Exchange Commission for a proposed IPO (initial public offering) of its common stock.

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