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Box Acquires Y-Combinator-Backed Startup Streem

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Cloud-based file management service Box announced today that it has acquired Streem, a Y Combinator startup that allows customers to stream files to their desktop environments.

Box declined to share terms of the agreement, but according to Tech Crunch the company mentioned that it bought the company using a blend of cash and stock.

“The entire team at Streem will be joining Box to help work on the future of content management and collaboration in the enterprise.”  said Aaron Levie, founder of Box.

Box is currently in the process of going public and had revenue of $100 million in its most recent fiscal year. 

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About the Author

Camila is a writer and community manager for Tech Cocktail in Miami. She has been heavily active in South Florida’s tech startup community, where she co-founded a communication strategy company called pFunk Media. Camila previously worked at Greenpeace International and the Organization of the Prohibition of Chemical Weapons (OPCW) in various communication roles. A proud Brazilian who spent most of he life in Peru, she is passionate about traveling and documentaries.

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