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Report puts Box on track to surpass $200M in revenue this year

Box, which filed for a “secret IPO” not too long ago, is on track to double its revenue this year to $200 million or more, at least according to Bloomberg’s anonymous sources.

The Los Altos, Calif.-based company was founded by Aaron Levie, its charismatic CEO and his college friend Dylan Smith, who is CFO, in 2005 and has made a splash pushing its file-sync-and-share service as an enterprise-friendly alternative to Dropbox, which pretty much set the standard for file sharing and cloud storage in the consumer space.

Box claims some big accounts including Proctor & Gamble, Six Flags, Avaya, Hearst Corp., Stanford University and others.

The big question for Box (and Dropbox for that matter) is how many of its users pay for the service. There’s a free version for individual users as well as paid tiers for companies.

The company’s prospectus is due out soon, so maybe some of these mysteries will be cleared up. Box had no comment for this story.Aaron Levie_Headshot