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Box Scores $125 Million Round Of Venture Capital Funding

Cloud storage provider Box landed $125 million in venture capital funding and said it plans to use the money to further its expansion into the enterprise storage market.

“The investment will fund continued support of Box’s growing enterprise customer base -- building tools that will make Box more appealing to large enterprises, international growth and expansion and [investing] aggressively in talent,” Whitney Tidmarsh Bouck, general manager of enterprise at Box, wrote in an email to CRN.