Ashton Kutcher to invest in Aaron Levie’s Box

Molly Wood Mar 10, 2014
HTML EMBED:
COPY

Ashton Kutcher to invest in Aaron Levie’s Box

Molly Wood Mar 10, 2014
HTML EMBED:
COPY

For a cloud storage company that has some major competition, Box’s future seems to be getting brighter and brighter. We interviewed the company’s CEO Aaron Levie at South By Southwest ahead of his presentation in Austin, and he let us in on a bit of news. Just as Box is projecting to double revenue this year to over $200 million, Levie and company have also drawn new funding from Ashton Kutcher. Ahead of the announcement, Levie told us: 

“Ashton Kutcher and Guy Oseary invested in the company, and that was really around our focus and strategic push within the media and entertainment space…Companies like Sony Music, CIA, Live Nation, Wasserman Media Group — all of these companies use Box to share and collaborate around their information, and we would like to go work even deeper in this market, so we are looking forward to having them on as strategic partners.”

Our interview with Levie touched on everything from the pressures of a young entrepeneur to how Box was able to survive in a space where giant companies like Microsoft and Amazon were already established. Check back here for the full interview. 

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.  

Half-priced hoodies! 😲 

This weekend only, get our new Marketplace zip up hoodie when you donate $8/month instead of $16/month. Don’t wait this offer ends at midnight Sunday!