Box Acquires Crocodoc To Add HTML5 Document Converter And Sleek Content Experience To Cloud Storage Platform

Cloud storage company Box has acquired HTML5 document embedding service and Y Combinator alum Crocodoc, both companies announced in a press briefing today. Financial terms of the deal, which was a cash and stock transaction, were not disclosed; however, Box CEO and co-founder Aaron Levie said that it was a successful exit for investors. Crocodoc has raised a little over $1 million funding from Y Combinator, SV Angel, Paul Buchheit, Joshua Schachter, Dave McClure, Steve Chen and XG Ventures.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/D0ohgTszrdI/

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