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Most Innovative Companies

Box

The World's Most Innovative Companies 2018

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. The company recently built Box KeySafe, and encryption key management software for the U.S. government’s AWS cloud instance and helped further the company to Department of Defense Level 4 Authorization. Since its inception in 2005, the company has signed up more than 41 million users and 74,000 businesses. Box--which boasts clients such as General Electric and prized startups like Spotify and Airbnb--is to cloud storage what Slack has become to team communication. Think the "Switzerland of enterprise," as Levie says.

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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