If you've ever doubted Box.net's (news, site) enterprise capabilities, you may want to start singing a different tune. In addition to a stellar quarter, the cloud-based content collaboration company announced that former EMC executive Whitney Tidmarsh Bouck will be spearheading the next stage of growth as enterprise general manager.
Shown Box the Money
Box closed a record first quarter, which saw enterprise revenue that more than tripled as well as the addition of relatively large organizations such as AAA and Equinix to the roster.
Meanwhile, more than 500,000 new heads joined the Box platform, reportedly bringing the total user base to just shy of 6 million. The company also landed US$ 48M in February's Series D funding from Andreessen-Horowitz, Emergence Capital Partners, Meritech Capital Partners and prior investors.
In order to stay on top of things, Box has been hiring aggressively across its engineering and sales teams, with 41 new employees in the first quarter alone.
Box's most telling hires include VP of Sales Lesley Young, (former enterprise sales lead at Huddle, Oracle and MySQL), former Oracle Director of Analyst Relations Joely Urton and, most recently, Tidmarsh Buock.
Whitney's prior experience includes the CMO position for EMC's information Intelligencer Group, where she led worldwide marketing strategy for the company's enterprise content management, information governance, enterprise capture and customer communications product lines.
"Box has a powerful vision for the future of cloud content management, and the recent funding and explosive revenue growth have positioned Box to win the market," she said. "I'm incredibly excited to be joining a company that is redefining how individuals and businesses share and collaborate, and I look forward to helping Box bring its solution to the world's largest enterprises."
Box.net's cloud-based content collaboration solution most recently added better security features and major updates to its mobile apps -- two areas the enterprise highlights to no end. The company further enhanced its aresenal with the recent launch of ECM Cloud Connect, a tool which leverages existing investments in ECM by extending them to Box where users can collaborate and make docs available via their mobile devices.
The three main capabilities of ECM Cloud Connect are:
- Synchronization between the different content management systems and Box
- Content Archiving from Box to any ECM system
- Content Migration from an ECM to Box and vice versa
More than 40 on-premise ECM systems are compatible, including Documentum, Microsoft SharePoint, IBM FileNet, and Open Text LiveLink.
All these moves signal the company's direction, and Whitney's experience and involvement will certainly serve as a big
push shove into the enterprise space.
Still, many remain skeptical of the company's edge. If you've reservations, let us know what they are in the comments below.