We finally got word on one of the more anticipated public offerings of the year — cloud operator Box has filed for an IPO.
There are no details yet on the Box IPO because the filing was a confidential one, as part of the Jumpstart Our Business Startups Act or JOBS Act, which is meant to make things easier for smaller companies. The open filing will probably not be made public until a couple months.
Box got its start back in 2005. Founders Aaron Levie and Dylan Smith were students at the time, and they saw an opportunity to leverage the cloud to provide for better access and sharing of files. Growth was strong, and Box attracted lots of attention, even snagging an investment from billionaire Mark Cuban. Read