Box.net buys Increo to incorporate collaborative document tools
Box.net, a provider of online filing systems, has bought Increo Solutions, a company that offers tools for teams to collaborate on documents and other media all online, according to PE Hub. Based in Palo Alto, Calif., Box.net brought in $12.5 million from U.S. Venture Partners and Draper Fisher Jurvetson. Increo, based in Mountain View, Calif., took funding from Draper Fisher Jurvetson as well.
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About the Author, Camille Ricketts
Camille is the lead writer for GreenBeat. She came to VentureBeat from Google where she worked on its traditional platforms team, particularly in TV. Before that, she was a reporter for the Wall Street Journal in New York and London. Follow her on Twitter at @camillericketts, and follow VentureBeat on Twitter at @venturebeat.
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