Business-software company Box has won $81-million in funding to expand its business, illustrating investors’ continued appreciation for start-up companies that tap into the cloud.
The new funding almost doubles Palo Alto, California-based Box’s previous round, $48-million raised in February. New backers included strategic investors salesforce.com and SAP Ventures, along with Bessemer Venture Partners and NEA. Prior investors, including Andreessen Horowitz and Draper Fisher, also joined in the round…


After years of ridiculing the idea of cloud computing, Oracle is officially “all in” as of last week’s Oracle Open World show. At the confab, CEO Larry Ellison took the wraps off
IBM Canada