Box IPO: Freemium Pioneer

June 18, 2015

Box (NYSE: BOX), the operator of a cloud-based collaboration platform, is a recent addition to the Software sector coverage of our Battle Road IPO Review. Box was founded in Mercer Island, Washington in 2005 by Aaron Levie, Dylan Smith, Sam Ghods and Jeff Quesisser, following research conducted by the group, which examined corporate cloud requirements. Levie is currently the CEO, Smith is CFO, and Dan Levin is COO and president of the company. Today, Box is based in Los Altos, California. Consensus estimates call for calendar year 2015 (fiscal year ending January 31, 2016) revenue of $290 million, up from $216 million in calendar 2014. The company’s loss per share is expected to narrow from $4.96 to $1.18 in the same time period. continue reading

New Relic

February 8, 2015

New Relic (NYSE: NEWR), headquartered in San Francisco, California, becomes another addition to our Software sector coverage. Founded in 2007, the company provides a cloud software platform for software analytics. Consensus estimates call for revenue of $102 million and a Loss per Share (LPS) of about $1.00 for the period ending March 31, 2015, followed […] continue reading