Box Advances Global Cloud With Enhancements to Box Zones and Box Accelerator

Box to support regional data storage in seven countries; delivers up to six times faster performance for customers across the globe

REDWOOD CITY, Calif.--()--Box (NYSE:BOX), a leading enterprise content management platform, today announced its Box Zones offering will support regional data storage in Australia and Canada, as well as enhancements to its Box Accelerator technology that dramatically speeds global performance, delivering two to six times faster upload times. Box also announced support for compliance with ISO 27018. Box Zones joins innovations like Box Shuttle, Box KeySafe and Box Governance to provide customers with a modern content platform perfectly attuned to the way people work today.

“As business becomes more global and connected, our goal is to ensure that secure collaboration with coworkers, partners and customers across boundaries is as seamless and fast as possible,” said Aaron Levie, co-founder and CEO of Box. “In fewer than three months, we’ve added two new locations to Box Zones and delivered a faster, more reliable experience to our customers with the new Box Accelerator. As regulations and compliance become more complex, we’re focused on making it simple for our customers to do epic work and accelerate growth across the globe.”

More than 62,000 businesses, including 59% of the Fortune 500, rely on Box for secure content management in the cloud, and nearly half of all activity in Box occurs outside of the US. Multinational businesses like AstraZeneca, General Electric, P&G and Schneider Electric have teams that span the globe and require secure international collaboration to be successful.

"Shopify is committed to providing innovative and efficient ways for our merchants to manage their businesses around the globe," said Mike Gagnon, Controller, Shopify. “As a company headquartered in Canada, it’s great to see Box’s commitment to customers in every country. The added choice and control around where our data is stored combined with Box's focus on global performance will continue to align us and have meaningful impacts on our business."

Box Zones Brings Choice to Businesses in Canada and Australia

For the first time, Box Zones will bring in-region data storage options to businesses in Canada and Australia. Originally launched in April of this year, Box Zones lets customers choose where their valuable corporate data is stored through partnerships with Amazon Web Services and IBM Cloud, enabling customers to centrally manage critical content and enhance productivity while also addressing local data storage concerns. Today’s new Box Zones locations will leverage Amazon Web Services (AWS). With this announcement, Box will offer local data storage in seven countries: the United States, Australia, Canada, Germany, Ireland, Japan, and Singapore.

"The variation in regional and country data privacy laws makes it critical for cloud service providers to support local data storage. Customers want to know where their data is stored, and in many cases they want it stored close to them,” said Duncan Brown, Research Director, IDC. “Expanding Box Zones to customers in Australia and Canada makes sense. These countries have advanced data protection laws, and Box Zones allows these customers to choose where their data is stored, whether for compliance or operational reasons.”

Box Accelerator Improves Performance for Customers Across the Globe

Launched in 2012, Box Accelerator is a global data transfer network that routes Box customer traffic and activity intelligently, leveraging a real-time congestion map to make performance-based routing decisions and choose the fastest path from end-users to Box from anywhere in the world. With today’s enhancements, Box Accelerator now has network endpoints in more than 20 countries and 60 global locations across the globe, providing customers with upload speeds that are two to six times faster than before, depending on location. For example, average upload speeds are five times faster in Japan, four times faster in Australia and three times faster in the UK.

Box Complies with ISO 27018

Box now complies with ISO 27018, the standard for protecting personally identifiable information (PII) in the cloud, set forth by the International Standards Organization. By complying with ISO 27018, Box adheres to a uniform set of guidelines that spans regions, so businesses can adopt Box with confidence that the service they receive adheres to global privacy standards, often resulting in streamlined contract processes and expedited global expansion for customers. This achievement adds to Box’s existing support for compliance with ISO 27001, which the company achieved in 2013.

Pricing and Availability

Box Zones will be available in Australia this fall and in Canada later this year leveraging Amazon Web Services (AWS) and for an additional fee. Box Accelerator is automatically turned on for all paid customers using the core product today for no additional fee.

About Box

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

Safe Harbor for Forward-Looking Statements

This press release contains forward-looking statements that involve risks and uncertainties, including statements regarding the expected availability, timing and market acceptance of Box Zones, as well as the benefits that are expected to be derived by Box, its customers and other stakeholders from Box Zones. Statements including words such as "anticipate", "believe", "estimate", "expect", “future” or “will” and statements in the future tense are forward-looking statements. The achievement or success of the matters covered by such forward-looking statements involves risks, uncertainties and assumptions, which, if they do not fully materialize or prove incorrect, could cause the availability of Box Zones and Box’s financial results to differ materially from those expressed or implied by such forward-looking statements. These risks, uncertainties and assumptions include, but are not limited to, risks associated with: the successful development and integration of Box’s and its partners’ technologies, solutions and services; evolving data privacy laws and regulations; market acceptance of Box Zones; changes in product plans or roadmaps; product development or integration delays; market acceptance of, and customer demand for, the companies' products and services; and changes in the relationship between Box and its partners due to the business environment, competitive factors or other factors. Further information on these and other factors that could affect the success of Box Zones or the financial results derived therefrom, can be found in the documents that Box files with or furnishes to the Securities and Exchange Commission, including the most recent Forms 10-K and 10-Q filed by Box. All forward-looking statements in this press release are based on information available to Box as of the date hereof. Box assumes no obligation, nor does it intend, to update these forward-looking statements to reflect events that occur or circumstances that arise after the date on which this press release was first issued. Any unreleased services or features referenced in this press release or other public statements by Box are not currently available and may not be delivered on time or at all. Customers who purchase Box’s services and products should make their purchase decisions based upon features that are currently available.

Contacts

Box
Emilie Gerber, 650-543-6926
egerber@box.com

Contacts

Box
Emilie Gerber, 650-543-6926
egerber@box.com