Does DFJ plan a Gdrive play with box.net?
Filed in archive Venture Capital on August 17, 2006
PE Week Wire reports that Box.net has taken an investment from DFJ:
Box.Net Inc., a Berkley, Calif.-based provider of online file storage solutions, has raised $1.5 million in Series A funding led by Draper Fisher Jurvetson, according to a regulatory filing.
Box.net is a client free online storage solution that enables you to upload and share documents. It looks rather neat and works fine even with Linux/ Firefox. Lots of AJAX is used, which make it look more like a nice client solution.
Maybe DFJ tries to build a possible acquisition candidate for Google's planned Gdrive?
At least it might be a lower valuation than the US$50 million AOL paid for Xdrive.
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Sam
(08/18/07 9:10pm)
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