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Box

Box is an American enterprise software company founded in 2005 by Aaron Levie, Dylan Smith and others, headquartered in Redwood City, California. It provides cloud content management, file sharing, collaboration, e-signature and AI content-processing tools, and went public on the New York Stock Exchange in 2015 under the ticker BOX.

Contents12 sections
Key facts

Starting with Online File Sharing

Box originally set out to make it simpler to access and share files from different locations. Aaron Levie and Dylan Smith started the business while in college, received early investment from Mark CubanMark CubanMark Cuban is an American entrepreneur and investor whose early work in computer systems and internet audio and video expanded into sports, film, venture investment and pharmaceuticals. He was the Dallas Mavericks’ controlling owner and a longstanding investor on Shark Tank, and co-founded Mark Cuban Cost Plus Drug Company.Open the full entry, and then moved the team to Silicon Valley. Levie serves as chief executive officer and Smith as chief financial officer.⁠[1][2][2][2][2]

Focusing on the Enterprise Market

The company shifted its main focus entirely to the enterprise market. Levie has said that since 2007 Box has concentrated on helping businesses securely manage, share, collaborate on and organize critical information in the cloud, including financial documents, media content and marketing presentations.⁠[2][2][2]

Listing on the New York Stock Exchange

On January 22, Box priced its initial public offering at $14 per share and then began trading under the ticker BOX. Including the underwriters’ over-allotment, the company issued 14.375 million shares of Class A common stock; proceeds after underwriting discounts and commissions, but before other offering costs, were $187.2 million.⁠[3][3][4][4]

E-Signature Business

In February, Box announced an agreement to acquire SignRequest for $55 million, and a later earnings release confirmed it had acquired the e-signature provider. SignRequest’s technology was used to develop the natively integrated Box Sign.⁠[5][5][6]

Box Sign was then rolled out gradually to Business and Enterprise plan customers, allowing contracts and other documents to be signed, stored and managed within the content management platform.⁠[7][7]

KKR Investment and Board Contest

The company agreed to a $500 million investment in convertible preferred stock led by KKR. Shareholder Starboard Value objected to the deal and to the company’s performance, and nominated director candidates to challenge incumbent directors including Aaron Levie. In the shareholder vote on September 9, Levie, Peter Leav and Dana Evan were re-elected, and Starboard did not win the seats it sought.⁠[8][9][9][9][9]

Announcing Box AI

Box announced Box AI, bringing OpenAI’s advanced AI models to enterprise content stored in the Box Content Cloud, initially showing features such as document Q&A, summaries and content generation in Box Notes. It was first opened through a design partner program for selected customers and is governed by Box’s built-in permissions.⁠[10][10][10][10][10][10]

Acquiring Alphamoon Technology

The company acquired Alphamoon’s AI document-processing technology and related team, adding optical character recognition, document-structure parsing and metadata-extraction capabilities. Together with the earlier Crooze acquisition, the deal supports its direction toward no-code applications and content workflow automation.⁠[11][11][11][11][11]

Enterprise Content Agents and Governance Principles

Box announced plans to expand its AI agents, designing task tools for search, research and data extraction that can use enterprise context, and said these capabilities would follow its content permissions and governance framework. Some capabilities in the announcement were still upcoming plans.⁠[12][12][12]

The Box AI Principles, effective November 4, set out the company’s privacy, security and governance commitments in AI development, emphasizing customer permissions and control of data.⁠[13][13][13]

Preliminary Results for the Second Quarter of Fiscal 2027

Preliminary results published by the company showed that for the quarter ended July 31, 2026, Box had revenue of $321.1 million, up 9% year over year; GAAP operating income of $32.6 million, an operating margin of 10.2%; and diluted earnings per share of $0.09. The company classifies the quarter as the second quarter of fiscal 2027.⁠[14][14][14][14]

Content Integration with ChatGPT

Box and OpenAI expanded their partnership, bringing Box folder browsing, search, file preview and context selection into ChatGPT. The integration is generally available on the Box side, with ChatGPT paid users gaining access in phases; existing Box permissions continue to determine which files users can access, and administrators can control which tool actions are allowed.⁠[15][15][15][15][15][15]

Related Organizations, Websites, and Public Accounts

Sources

  1. Aaron Levie, Chief Executive Officer, Co-founder (opens in a new window)
  2. Start Up & Scale Up: Box CEO Aaron Levie (opens in a new window)
  3. Box Announces Pricing of Initial Public Offering (opens in a new window)
  4. Box, Inc. Form 10-K for the fiscal year ended January 31, 2015 (opens in a new window)
  5. Box Announces Intent to Acquire E-Signature Innovator SignRequest (opens in a new window)
  6. Box Reports Fiscal Year 2021 Revenue of $771 Million, Up 11 Percent Year Over Year (opens in a new window)
  7. Presenting Box Sign: Seamless e-signatures right where your content lives (opens in a new window)
  8. Box Responds to Starboard Value and Reiterates the Board’s Unified Commitment to Stockholder Value Creation (opens in a new window)
  9. Box shareholders re-elect company directors; Starboard fails to win any seats (opens in a new window)
  10. Box Introduces Box AI to Bring Intelligence to Enterprise Content (opens in a new window)
  11. Box Disrupts Intelligent Document Processing Market with Acquisition of Alphamoon Technology (opens in a new window)
  12. Box announces major AI platform enhancements, bringing powerful AI Agents to enterprise content (opens in a new window)
  13. Box AI Principles: Responsible AI Development and Governance (opens in a new window)
  14. Box Reports Second Quarter Fiscal 2027 Financial Results (opens in a new window)
  15. Box and OpenAI to bring enterprise content directly into ChatGPT (opens in a new window)
  16. Box | AI-Powered Content Management, Workflow & Collaboration (opens in a new window)