Box shock stock doc clocks 250 million bucks • The Register

The article also notes "Hoped-for IPO cash grab will nearly cover the last two years' losses"

"In issuing the filing to the US financial watchdog, Box shed light on some of its internal numbers: it has 25 million registered users and 34,000 companies, which pay for the sync'n'share service. The upstart said it will doubled its revenue over the year, climbing from $58.79m in 2013 to $124.19m projected for 2014.

The growth in sales however, has come at a cost for Box. The company said it expects to operate at a net loss of $168.5m this year, up from a $112.5m loss in 2013."

Box shock stock doc clocks 250 million bucks • The Register