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Box Achieves FedRAMP High Authorization

1. Box received FedRAMP High Authorization for its ICM platform. 2. This allows U.S. agencies to use Box for sensitive data management.

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FAQ

Why Bullish?

The FedRAMP High Authorization enables Box to tap into significant government contracts. Historically, similar authorizations for tech firms have led to stock price increases.

How important is it?

Gaining FedRAMP High means substantial new business opportunities, directly impacting revenue potential.

Why Long Term?

The ability to serve government clients typically leads to sustained revenue growth. This is exemplified by success stories of other SaaS companies post-FedRAMP compliance.

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OKTACRMADBE
REDWOOD CITY, Calif.--(BUSINESS WIRE)--Box, Inc. (NYSE:BOX), the leading Intelligent Content Management (ICM) platform, today announced that it has received FedRAMP High Authorization. This authorization, which includes over 421 security controls, gives U.S. government agencies and authorized government contractors the ability to leverage Box's Intelligent Content Management platform for highly sensitive data. Included in this announcement, Box AI and Box Hubs are also FedRAMP High-compliant, s.

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