LOS ALTOS -- Box.net announced a $125 million investment on Thursday, including $100 million from global growth investor General Atlantic.
The cash infusion will help Box expand its efforts to capture customers, broaden its geographic reach and craft new technology breakthroughs.
Los Altos-based Box provides a Web-based platform to enable individuals, small businesses and big companies to share files and other content from anywhere.
"The confluence of cloud, mobile and social technology is transforming how every enterprise and individual manages information today," Box CEO Aaron Levie said. "This new funding allows us to invest aggressively in the talent, technology and global expansion efforts required for Box to sit at the center of this shift."
In the most recent quarter, Box announced expanded operations in Europe with the opening of a London office, as well as a third data center to support its growing customer base.
Contact George Avalos at 925-977-8477. Follow him at twitter.com/george_avalos.