Like a lot of fast-growth companies on the Inc. 5000, Box had modest beginnings. And while the cloud-storage company--launched by two college students 10 years ago--took more than a year to go public, as of last week it finally succeeded. Box also managed to beat its closest rival, Dropbox, to the proverbial IPO punch.
On Friday, the Los Altos-based Box, founded by Aaron Levie and Dylan Smith in 2005, made its debut on the New York Stock Exchange--surging nearly 70 percent on its first day of trading. All told, the company raised approximately $175 million in the offering. Though that came in well under the $250 million it expected to raise when it filed to go public this spring, Box is still valued at an impressive $2.6 billion.
While the company has logged major losses on its road to business's main event, it would be unwise to write off this entrepreneur-led company. Not only has it attracted tens of millions in investment funding from prominent investors such as Mark Cuban and gold-plated venture capital names such as Draper Fisher Jurvetson and Andreessen Horowitz over the years, the company actually has a strong revenue base--thanks to its push into the enterprise market. (That's more than a lot of other newly public tech companies can say.) Plus, as Levie was Inc.'s 2013 Entrepreneur of the Year, we like to think we can spot a superstar founder when we see one.
Here's a look at some of Box's most important milestones and funding events.