Before the IPO, Box.com raises $ 150 million

Preparing its IPO by the end of the year, announces $ 38.5 million loss in its first quarter of fiscal 2015 Box.com raises $ 150 million. Online Storage specialist is now valued $ 2.4 billion.

Box.com raise new funds: $ 150 million fall in its pocket. They come from two new investors. The first Coatue Management, already present in start-ups like Snapchat or HotelTonight. The second is TPG, which in turn relied on Airbnb Lenovo Gemalto or there longer Business Objects.

Box.com provides its IPO in the fourth quarter 2014. Note that it is unusual that a company achieves a lifting of funds just before an IPO. Moreover, the results of the first quarter of fiscal 2015 are mixed. Box.com announces a loss of $ 38.5 million, worse than last year when it stood at $ 34 million. Meanwhile, sales almost doubled to $ 45.3 million.

 

Box would valued at $ 2.4 billion. In about 8 years, it will still raised a total of $ 500 million. But investors appear confident the evidence with this new fundraiser.