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March 13, 2013updated 19 Aug 2016 9:27am

Box IPO “quarters away”

Cloud collaboration firm's CEO looking to flotation

By Jason Stamper Blog

The CEO and co-founder of cloud collaboration form Box, Aaron Levie, told me an IPO is "quarters away".

The news comes as the firm held its first European customer conference in London. The firm also announced it has doubled customer growth in Europe less than a year after opening its London office in June 2012.

Hervé Coureil, chief information officer at global energy management company Schneider Electric, was also present to announce a 50,000-seat global Box deployment, one of Box’s largest implementations to date.

"We’re in the midst of a transformation in enterprise software as post-PC devices and cloud applications change where, when and how people work across the globe," said Levie. "In this new world, collaboration is at an absolute premium, and connecting people with their content no matter what devices they use is the key to powering productivity. Our global growth speaks to Box’s ability to deliver a collaboration platform built for the post-PC world."

Box also announced plans to hire executives in Germany and France, a new Box Accelerator data hub in Dublin, and several new partnerships, including a collaboration with UK developer group, Seedcamp.

Since launching in June 2012, Box says it has grown its team in London to 40 employees and is bringing on local leaders in Paris and Munich to serve its growing customer base in France and Germany.

Keep an eye out for my profile of Box and Levie coming soon.

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