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Does DFJ plan a Gdrive play with box.net?

Filed in archive Venture Capital by tj on August 18, 2006

Does DFJ plan a Gdrive play with box.net?


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 storagelinks 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.


bonetaction.jpg

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.






Permalink: Does DFJ plan a Gdrive play with box.net?
Tags: dfj  box.net  gdrive 

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