|[March 10, 2014]
Hollywood Embraces the Cloud as CAA, Sony Music and Netflix Choose Box
LOS ALTOS, Calif. --(Business Wire)--
Box (News - Alert) today announced major momentum in the media and entertainment space,
with customers Creative Artists Agency (CAA), Sony Music, Netflix,
Scripps Networks Interactive and FOX Telecolombia S.A. With sales more
than doubling in this vertical year-over-year, the company also
announced that it is working with Ashton Kutcher and Guy Oseary's
A-Grade Investments to deepen expertise in the industry.
"As Hollywood continues to shift to a more digital world, we're excited
to be working with a growing group of media and entertainment businesses
on the forefront of this trend, helping them to drive collaboration,
creativity and agility," said Aaron Levie, CEO at Box. "With their
industry knowledge and keen sense of the transformative power of
technology, Ashton Kutcher and Guy Oseary will help us continue to
enable change in this industry."
"More and more businesses are moving to the cloud to reduce the barriers
to collaboration and it's clear that this trend is not slowing down -
especially in Hollywood," said Guy Oseary. "We've been impressed with
Box's leadership team, product roadmap and the traction they've had in
the media and entertainment industry, and we're excitedto play a role
in their continued growth."
A-Grade Investments is a venture capital firm that has invested in
numerous technology companies such as Airbnb, Uber and Spotify (News - Alert). The firm
made an investment in Box as part of the company's latest round.
The collaboration and information management needs in the media and
entertainment industry are diverse. For example, CAA uses Box to access
information on mobile devices, Netflix powers secure content
collaboration across a distributed workforce, Sony Music distributes
press assets for some of its largest artists, and Scripps Networks
Interactive shares production assets, marketing collateral and trailers.
Major film studios, record labels, gaming companies and networks,
including Discovery Communications, Electronic Arts, FOX Telecolombia
S.A. and NBC Sports also rely on Box to be more competitive, creative
To learn more about Box for media and entertainment, please visit www.box.com/entertainmentkit.
Box's mission is to make businesses of all sizes more productive,
competitive, and powerful by connecting people and their most important
information. Content on Box can be securely shared and easily accessed
on the web, through iOS, Android (News - Alert) and Windows Phone applications, and
extended to partner applications, such as Google Apps, NetSuite and
Salesforce. Headquartered in Los Altos, CA (News - Alert), Box is privately held and
backed by Andreessen Horowitz, Bessemer Venture Partners, Draper Fisher
Jurvetson, Emergence Capital Partners, General Atlantic, Meritech
Capital Partners, NEA, Scale Venture Partners, and U.S. Venture
Partners, as well as by strategic investors salesforce.com, SAP (News - Alert) Ventures
and Intel Ventures. To learn more about Box, visit www.box.com.
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