Box is reportedly taking advantage of a provision in the JOBS Act, which allows companies with an annual revenue of less than $1 billion to file its IPO prospectus confidentially with the Securities and Exchange Commission. A Box spokesperson declined to comment on the possibility of an IPO.
"We don't have anything to share at this time. We're focused on continuing to build our business and expand our customer relationships globally," a Box spokesman told Quartz in an emailed statement.
Article Link: Web Storage Company Box Secretly Files for IPO