AAA Blue Box closes extended series B

Blue Box closes extended series B

US-based cloud storage provider Blue Box has extended its series B round by an additional $4m to $14m, after an investment by an unnamed US-based telecommunications company.

The first tranche of the round was raised in October 2014 from Voyager Capital, Founder Collective, an undisclosed strategic investor and Blue Box’s executive team. Voyager Capital led a $4.3m series A round for the company in 2013 that also included Founder Collective.

Blue Box provides a managed, hosted private cloud service for enterprise customers. In conjunction with the investment, the telecommunications provider will also work to bring Blue Box’s service to its existing clients.

The funding will be used to expand Blue Box’s engineering, business development, sales and marketing teams.

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