Box Dutch Raises $55M in Funding Round and Launches Box Signs
Box Dutch, a leading provider of cloud content atozmp3 management and file sharing solutions, has raised $55 million in a funding round and launched a new product called Box Signs. The funding round was led by KKR, a leading global investment firm, and included participation from existing investors, such as Bessemer Venture Partners and Salesforce Ventures.
Box Signs is a new addition to Box’s suite of products, aimed at enabling businesses to streamline their document workflows by allowing them to sign and manage documents electronically. The tool provides users with the ability to send toonily documents for signature, track document progress, and access analytics on document completion.
With the COVID-19 pandemic leading to an increase in remote work and the need for virtual collaboration tools, the launch of Box Signs comes at a time when businesses are looking for new ways to digitize their workflows and increase efficiency. By allowing users to sign and manage documents electronically, Box Signs aims to reduce the need for printing, scanning, and faxing, thereby saving businesses time and money.
Box Dutch’s CEO, Aaron Levie, said in a press masstamilanfree release that “Box Signs is a natural extension of our core content management capabilities, and we’re excited to bring this new solution to market. With Box Signs, we’re empowering our customers to streamline their document workflows and accelerate their digital transformation journeys.”
In addition to the launch of Box Signs, the funding round will enable Box Dutch to continue investing in its product offerings and expand its global footprint. The company currently serves more than 100,000 businesses, including 69% of the Fortune 500, across a range of industries, including healthcare, financial services, and media.
KKR’s Head of Technology Growth, John Park, commented on the investment, saying, “Box has a proven track record of delivering innovative solutions that help businesses transform how they work, and we’re thrilled to partner with the company on its next phase of growth. We believe that Box Signs represents a significant masstamilan opportunity for the company to further its leadership in the content management space.”
Box Dutch has been a pioneer in the cloud content management space since its founding in 2005. The company’s platform allows users to securely store, share, and collaborate on files from anywhere, on any device. With the launch of Box Signs, the company is now expanding its offerings to include digital signatures, which will further enhance its value proposition to customers.
The launch of Box Signs and the successful justprintcard funding round are a testament to Box Dutch’s continued growth and success in the cloud content management space. As more businesses look to digitize their workflows and enable remote work, tools like Box Signs will become increasingly essential to maintaining productivity and efficiency. With its new funding and innovative product offerings, Box Dutch is well-positioned to continue leading the charge in this space.