Box Reportedly Files for an IPO

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Aaron Levie, chief executive officer of Box Inc., pauses during a Bloomberg Television interview in London, U.K., on Monday, Nov, 4, 2013. Levie said earlier this year that his business-software company will likely go public in 2014.

Image: Matthew Lloyd/Bloomberg via Getty Images

By Seth Fiegerman2014-01-31 13:49:12 UTC

Box may be the next big tech IPO, according to multiple reports.

The online storage company has quietly filed for an IPO, according to a report in Quartz, taking advantage of the same law that allowed Twitter to file for a "secret" IPO in September. The Wall Street Journal is also reporting the IPO filing.

See also: 8 Tech Companies That May Go Public in 2014

"We don't have anything to share at this time," a rep for Box told Mashable in a statement. "We're focused on continuing to build our business and expand our customer relationships globally."

Box's leadership had previously noted that the company would likely go public sometime in 2014. In an interview last July, the company's cofounder and CFO Dylan Smith told Mashable that the team was already taking steps to prepare for life as a public company, including holding mock earnings calls.

"We want to be acting like a public company before we go public," Smith said at the time.

At the end of last year, Box raised another $100 million in funding from investors, which reportedly valued the company at $2 billion.

Dropbox, another file storage company more geared towards consumers, reportedly closed a $250 million round of funding this month, which valued it at $10 billion. It is also expected to file for an IPO sometime this year.

Topics: Box, Business, IPO, Startups