Box Opens New York City Headquarters to Accelerate Growth

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Box Opens New York City Headquarters to Accelerate Growth Across Industries
Adds industry veteran to lead financial services strategy


Wednesday, August 19, 2015 9:00 am PDT
Dateline:
NEW YORK
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Public Company Information:
NYSE:BOX

"I'm excited to join Aaron and the Box team to grow Box for Financial Services and help organizations transform the way they work and collaborate, all within a secure and compliant cloud ecosystem."

NEW YORK--(BUSINESS WIRE)--Box today announced it is opening a full-scale office in New York City to expand its global presence and better serve its fast-growing enterprise customer base. The company also announced that Adam Ross has joined Box to lead the company’s financial services team as a part of the Box for Industries initiative. Mr. Ross, who will be based in New York City, will be responsible for driving Box’s strategy in the financial services industry, speeding adoption of Box’s secure content collaboration platform with banks, insurance companies, and investment and advisory firms globally.

"Now more than ever, the most highly regulated industries - from financial services to healthcare - require modern digital technologies that accelerate business and deal with outdated compliance procedures, new regulations, and cybersecurity threats," said Aaron Levie, CEO and co-founder, Box. "We're thrilled to be building out a presence on the East Coast where we'll continue hiring the best talent to bring our secure enterprise cloud platform to customers with the most strict technology needs and requirements."

Box NYC

Box’s New York City office will serve new and existing customers headquartered throughout the Northeast across all major industries, including financial services, healthcare, media and entertainment, retail and not-for-profit. Among Box’s more than 47,000 customers today, Greater New York City Area customers include General Electric, KKR & Co. L.P., Barneys New York, Brooks Brothers, Tiffany & Co., Lord & Taylor, Saks Incorporated, Universal Music Group, AMC, Comcast, The Related Companies, Cushman & Wakefield, Mount Sinai Health System, and Teach for America, among others.

Opening in the fall, Box NYC will include talented employees from across different departments and functions at Box, all focused on the common goal of revolutionizing how organizations collaborate and engage with their most important content.

Adam Ross, Managing Director, Box for Financial Services

Mr. Ross brings more than 20 years of financial services industry experience to Box. Most recently, Ross was VP of Global Corporate Solutions at NASDAQ, where he helped lead the development and delivery of a state-of-the-art, cloud-based suite of products and services to thousands of global customers.

Launched in February 2015 as part of Box for Industries, Box for Financial Services has driven adoption with customers such as KKR & Co. L.P., Nationwide Insurance, AAA and Encore Capital. Box for Financial Services combines several tailored solutions and product enhancements, including Retention Management, Watermarking, and Enterprise Key Management.

"Leading financial firms and their IT organizations are recognizing that transitioning to the cloud offers more than just increased productivity; it can also transform workflows, deepen customer relationships and yield valuable insights into their content," said Adam Ross. “I'm excited to join Aaron and the Box team to grow Box for Financial Services and help organizations transform the way they work and collaborate, all within a secure and compliant cloud ecosystem."

Earlier in his career, Ross also served as General Manager of Bloomberg Financial, LLP, where he grew its global trading software business from zero to 85 firms, while managing strategic customer alliances. He has also held leadership positions at Raymond James Financial and Volpe Brown Whelan.

To learn more about Box for Financial Services, please visit www.box.com/industries/financial-services-insurance/.

To hear more about how other innovative companies across industries are transforming their business in the cloud, join us at BoxWorks 2015, September 28 – 30 at Moscone Center in San Francisco www.box.com/boxworks/.

About Box

Founded in 2005, Box (NYSE:BOX) is transforming the way people and organizations work so they can achieve their greatest ambitions. As the world's leading enterprise software platform for content collaboration, Box helps businesses of all sizes in every industry securely access and manage their critical information in the cloud. Box is headquartered in Los Altos, CA, with offices across the United States, Europe and Asia. To learn more about Box, visit www.box.com.




Contact:
Box PR
Katie Hutchison, 650-543-6926
khutchison@box.com

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