Aaron Levie
-
Box shares down 4% despite what Levie calls “one of our strongest quarters”
Cloud storage company Box reported second quarter earnings after the bell on Wednesday. And although the company beat expectations on revenue and losses, it wasn’t enough to please Wall Street. The stock fell almost 4% in after-hours trading. It seems that part of the issue related to the company losing its cash flow positive status for the quarter, coming in at a negative $14.7 million. Read More
-
AI will fundamentally change how we manage content
Content management is about to undergo a foundational shift as AI and machine learning bring long-sought order to enterprise content. As the volume of content has increased, the ability to manage it all seems to have alluded us. Ironic, since Content Management Systems were supposed to solve the enterprise content organization problem and help prevent your employees from reinventing the wheel. Read More
-
Box introduces Box Elements, pre-packaged content services for developers
Box introduced a new type of developer tool today called Box Elements, pre-packaged application pieces designed to deliver Box functionality with a few lines of code. Eventually there will be three types of Elements: UI, app and services. Today, the company is launching the UI pieces, which include Content Uploader, which lets developers add drag and drop file capability into any… Read More
-
Box announces former Apple, Cisco exec Stephanie Carullo will succeed Dan Levin as COO
Box dropped a bit of a bombshell this afternoon when it announced that long-time Chief Operating Officer Dan Levin would be stepping down from the role and Stephanie Carullo would be taking over. Read More
-
Box’s cloud content management vision showing results
For years, Box has been seen by many in the press, analyst and investor communities as a storage product and nothing more, which given its roots, was an understandable misperception. But CEO Aaron Levie and his company have always had a much broader ambition. Through the years, Levie made it clear that he was in business to transform the entire category of enterprise content management, and… Read More
-
Box looks to woo Wall Street with its positive cash flow story
Like Box’s last quarterly check-in, the company once again touted that it had free cash flow in the first quarter this year as part of its Q1 earnings report today — a signal that Wall Street may be looking for as a barometer of its future health as a company. Read More
-
Box’s Levie touts positive cash flow
Cloud content management company Box posted fourth-quarter earnings after the bell on Wednesday with shares quickly plummeting in initial after-hours trading. They mostly recovered, trading down just 1 percent by late afternoon. Box beat investor expectations with an adjusted loss of 10 cents per share versus the negative 14 cents forecast. Revenue for the quarter was also a beat at… Read More
-
Box unveils an overhauled Box Notes productivity platform
Box Notes, a productivity tool at Box, is announcing updated functionality and a new design. The platform, which Box says is used by nearly 40% Fortune 500 companies, will now let users view and edit all notes within a single browser, without having to leave Box Notes to search folders. They will also be introducing desktop apps, to make it easier to access Box Notes on both Mac and PC… Read More
-
Box shows strong sales growth in third quarter earnings
Cloud storage company Box reported third-quarter earnings after the bell on Wednesday, beating Wall Street expectations with a record $102.8 million in revenue, a 31 percent increase year-over-year and above predictions of $100.64 million. Adjusted earnings per share showed a loss of 14 cents, better than the negative 19 cents that analysts were forecasting and a 17-cent improvement from… Read More
Latest Crunch Report
-
Levie on what Trump could mean for tech
Like many leaders in Silicon Valley, Box CEO Aaron Levie was a vocal supporter of Secretary Clinton. But after the shocking U.S. election outcome, the industry has been reflecting about what the next president could mean for the community. We sat down with Levie for an interview at Box headquarters in Redwood City. While it’s difficult to know what the capricious Trump will actually… Read More
-
After more than a decade, the fire still burns for Box CEO Aaron Levie
Box CEO Aaron Levie has been at it for more than a decade. For a guy barely past 30, that means it’s all he’s done professionally for his entire adult life. You could forgive him if he were thinking about another challenge, but even after all this time, the fire still clearly burns for Levie. When I asked him about possibly getting bored in an in-person interview this week at… Read More
-
It’s a long, hard road from idea to IPO
It may not seem it, but coming up with an idea for your startup is probably the easiest part of launching your own company. As one industry insider told me, there are a million ways to screw up that idea through poor execution, and many, many lose their way. Yet a precious few fight through the problems and the challenges, and somehow, with a bit of luck and a lot of moxie, make it to… Read More
-
Box introduces “New Box” at BoxWorks
Box has always been known as the irritant in the content management industry, that plucky cloud upstart ready to take on the staid and conservative on-prem competition, but after more than a decade in the business, a public company for 18 months, perhaps the company felt it was time to disrupt itself. Today, at the BoxWorks customer conference, it announced a “new Box” with an… Read More
-
Box teams up with Google for Docs and Springboard integration
Sure there’s some kind of fruit-related event going on right now, but this week is also BoxWorks, the annual conference for the enterprise content cloud platform provider. At that event, Box CEO Aaron Levie and Google’s SVP of Google’s cloud offerings Diane Greene are announcing a partnership that turns Box into a third-party storage option for Google Docs, Sheets and Slides… Read More
-
Box beats earnings expectations
Box reported its second quarter fiscal 2017 earnings after the bell on Wednesday. The company beat estimates, posting an adjusted loss of 14 cents, compared to the 19 cents expected by analysts. They also surpassed revenue predictions, reporting $95.7 million instead of $94.65 million, which is up 30% from the same quarter last year. Shares ticked up about 5% in initial after-hours trading… Read More
-
Box Shuttle helps ferry legacy file stores to cloud
Box announced Box Shuttle today, a new service that combines software and consulting to help customers move large — as in millions or even hundreds of millions — of legacy files to the Box service. Previously, companies with files stored in network file shares or legacy content management systems like Microsoft SharePoint, EMC Documentum or OpenText were on their own when it came… Read More
-
Box CEO Aaron Levie weighs in on markets, privacy
Box has come a long way since Aaron Levie founded it as a student at USC in 2005. The cloud storage company ultimately went public last year, in what turned out to be a difficult period for tech stocks. Recent IPOs like Box have been facing added scrutiny, and its shares are currently trading below the IPO price. TechCrunch sat down with Box CEO Aaron Levie to get his take on… Read More
-
New Box product will let you choose storage from IBM and AWS
For several years, Box CEO Aaron Levie has been trying to get people to understand his company is not in the storage business. To drive that point home Box announced Box Zones today, a product that lets customers choose a storage component from another vendor, enabling customers to store files in-country when their privacy laws require it. Box is actually announcing the product today… Read More
-
Okta expands partnership with Box to include enterprise mobility management
Okta, a company mostly known for cloud identity management, made a foray into enterprise mobility management (EMM) at the end of 2014. Today, it announced a partnership with Box to support device-level security for the Box mobile app. The company is hoping this is the start of a series of partnerships with enterprise mobile app vendors that will enable them to apply a set of policies on… Read More
-
Box, Google, Facebook, Microsoft come out in support of Apple in amicus brief
In the latest sign of support for Apple’s ongoing security legal battle, Box, Google, Facebook, Microsoft and other tech behemoths have filed an amicus brief, meaning that they have aligned interests and want their voice to be heard in the upcoming appeals. This is a different amicus brief than the one filed by Square, Twitter, LinkedIn and others earlier today. The latest brief has more… Read More
Message Us