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File Sharing Service to Hire 200 in Austin, Texas

June 2, 2014

By Brian Gaar, Austin American-Statesman

Box is opening in Austin Texas, and plans to hire 200 jobs in the coming year. (photo: Box)  

Box is opening in Austin Texas, and plans to hire 200 jobs in the coming year. (photo: Box)

Online file sharing company Box Inc. will open its first U.S. location outside of the San Francicso Bay area in Austin, creating more than 200 jobs, the company said Friday.

After a year-long selection process, the Los Altos, Calif.-based company will open an office in downtown Austin this fall, employing workers in customer service and sales positions initially.

"We looked across the country to find the best location for our first major U.S. office outside of California," Jon Herstein, senior vice president of customer success, said in a blog post on the company's website. "Austin is not only one of the fastest growing metropolitan areas in the country, it also has great talent and a rapidly growing technology ecosystem."

The company says it will create more than 200 jobs, with up to 90 hired by the end of this year.

"Initially, we'll be focused on staffing up in our award-winning Customer Success organization and Corporate Sales group, but in the near future we'll be recruiting talented folks for roles in Technical Operations, Finance and more," Herstein wrote.

The company initially explored incentives options, but decided to forego those because it wanted to open its Austin operation as quickly as possible, Herstein told the American-Statesman.

"It got to the point where we didn't want to hold off anymore," Herstein said.

Box has leased more than 20,000 square feet of office space at One American Center at 600 Congress Ave. and expects to open this fall.

The company is hiring for positions including sales development representative, outbound business representative, implementation analyst and customer advisor. In addition to hiring locally, the company is also encouraging existing employees to relocate to Austin.

Box has scheduled a recruiting event next Wednesday at Easy Tiger on East Sixth Street from 6 p.m. to 9 p.m.

The company says it has more than 25 million users globally and has also opened offices in San Francisco, London and Japan in the past two years.

Earlier this year, Box revealed plans to raise up to $250 million in an initial public offering, as the startup tries to ward off intensifying competition in the online storage market. The company is in a race to build the largest, most efficient data centers and secure as many customers as possible before they sign up with competing offerings from companies like Google Inc. and rival Dropbox Inc.

The investment to acquire new customers and to build its service led to a $168.6 million loss for the fiscal year ended in January, widening from $112.6 million a year earlier. Revenue more than doubled to $124 million from both paying individual and business customers who use the service to store files and collaborate with co-workers.

Additional information from The Wall Street Journal.

Original headline: Calif. file sharing company to open Austin office, add 200 jobs

Source: (c)2014 Austin American-Statesman, Texas Visit Austin American-Statesman, Texas at www.statesman.com Distributed by MCT Information Services

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