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Most Innovative Companies

Box

Box is a platform that helps companies expertly manage and secure content within the cloud. Box helps make accessing, sharing, and managing content a straightforward and less complicated process by providing solutions to the information-based problems shared by a range of businesses and companies, regardless of size or industry. The platform assists businesses in a number of different sectors such as marketing, sales, human resources, finance, IT, and app development. Within these industries, Box, which was founded by Dylan Smith and CEO Aaron Levie, makes it easier to view and share different types of files on any device, communicate with coworkers in different departments, manage finances with auditors and investors, and track down and secure specific employee information. 

In 2018, the company introduced Box Drive, which lets users stream files stored in Box to their desktops, and Box Skills, which applies such artificial intelligence components as computer vision and sentiment analysis to content stored in Box. Box Skills Kit lets developers create custom skills for Box. The company works with the major cloud platforms and technologies to help its customers get better insight into its Box content. 

Since its inception in 2005, the company has signed up more than 87,000 businesses. 

Data
valuation: $1.6 billion
public or private: Public
profitable: No
revenue: $200-300 million
staff: 1,400
users: 50,000 clients; 40 million users; 300,000 users within GE alone
headquarters: Redwood City, CA
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Dropbox IPO: Maybe there’s an upside to being the “Netflix of online storage”

Quentin Clark, Dropbox’s senior VP of engineering, product, and design, has only been at the 11-year-old company since last August, so he’s careful not to hog credit for the work that led to its successful IPO today. But when I asked him for his fresh-set-of-eyes impression of how Dropbox got this far, he credited the … Continue reading “Dropbox IPO: Maybe there’s an upside to being the “Netflix of online storage””

Dropbox IPO: Maybe there’s an upside to being the “Netflix of online storage”
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