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This statistic highlights Box’s Average Revenue Per User (ARPU) Worldwide from 2017 onwards.
Box Inc is an American multinational technology company. The company focuses on file-sharing services and cloud content management for businesses. It uses a Software as a Service (SaaS) cloud-based platform.
|Q1 2020||Q2 2020||Q3 2020||Q4 2020|
|Average Revenue Per User||$9.7||$13.84||$13.02||$21.01|
The company’s total revenue is expected to increase further with the acquisition of e-signature startup SignRequest for $55 million in February 2021. Also, the company announced the general availability of a new integration with ServiceNow’s Legal Service Delivery application to modernize legal operations. This new integration benefits customers by bringing together ServiceNow’s advanced workflows expertise to minimize manual processes while ensuring confidential legal content is secured on Box’s Content Cloud.
Box Inc is a public limited company founded by Dylan Smith and Aaron Levie, in 2005. It is headquartered in Red City, California. As of 2021, the number of employees of the company worldwide was 1,850. The stocks of Box Inc are listed on the New York Stock Exchange under the ticker symbol “BOX”. Box Inc’s key managerial persons are Aaron Levie (Chairman and CEO), Ben Kus (CTO), Dylan Smith (CFO), and Stephanie Carullo (COO). The competitors of Box are Dropbox, Google Drive, Microsoft OneDrive for Business, Apple iCloud, Egnyte, Citrix ShareFile, Hightail, and Dropbox Business.
Box Inc made its first acquisition in October 2009, buying Increo Solutions for its document collaboration and preview technology. As of December 2013, eight investors invested $100 million in Box Inc through a Series F funding round. The list of investors included DFJ Growth, Itochu Technology Ventures, Macnica Networks Corp., Mitsui & Co, Telefónica Digital, Telstra, and Telstra Ventures. The company, in November 2014, acquired two-man medical-imaging software startup MedXT for $3.84 million. As of February 2015, Box Inc acquired a cloud management service company Airpost. Box’s Inc clients include GE, IBM, Procter & Gamble, and Schneider Electric. On January 23, 2015, Box held its initial public offering on the NYSE. The IPO raised $175 million and established a market capitalization of about $1.6 billion. In 2018, the company acquired an enterprise search company Butter.ai.
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