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Box CEO and co-founder Aaron Levie. Photo: Kim Kulish/Corbis via Getty Images

File-storage company Box has acquired Butter.ai, a startup whose software lets users search within files across multiple work applications. Butter.ai will be shutting down its application as part of the deal.

Bottom line: Box's customers—other businesses—have to contend with an ever-growing amount of data and files, making it critical for workplace tool providers like Box to help them sift through and filter all that information.

  • One way Box is working to do this is through features like Box Feed, which gives a company's employees a personalized stream of updates about files relevant to them—similar to Facebook's News Feed. This includes files they worked on that may have been updated by a colleague, files from teammates that could be useful to their work, or files that are popular within the company such as benefits updates from the HR department.
  • The other way Box wants to help its customers is by improving its search tools, Box co-founder and CEO Aaron Levie told Axios.

Files only: For now, Box's integration of Butter.ai's tech will be focused on searching through files, says Levie. But he adds that the company eventually wants to help users find things in other work tools, like chat.

Backers: Butter.ai raised funding from General Catalyst, Slack's fund, and was part of All Turtles, former Evernote CEO Phil Libin's startup studio, which provided resources and help but no financial investment.

The story has been updated to clarify that All Turtles did not invest in Butter.ai.

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President Biden has delivered his inaugural address at the Capitol, calling for an end to the politics as total war but warning that "we have far to go" to heal the country.

What's next: Biden and Vice President Harris review readiness of military troops, a long-standing tradition to signify the peaceful transfer of power.

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President Joe Biden vows to be “a president for all Americans”

Photo by Alex Wong/Getty Images

President Joe Biden sought to sooth a nation riven by political divisions and a global pandemic, but warned that "we have far to go" to heal the country and defeat a "virus that silently stalks the the country."

The big picture: Moments after taking the oath of office, Biden spoke on the Capitol’s West front, from the very steps that a pro-Trump mob launched an assault on Congress two weeks earlier. They were attempting to overturn an election where Biden defeated former President Donald Trump by more than 7 million votes.

Updated 38 mins ago - Politics & Policy

In photos: The Biden and Harris inauguration

Joe Biden is sworn in as the 46th president of the United States. Photo: Alex Wong/Getty Images

Joe Biden and Kamala Harris were inaugurated as president and vice president respectively in a ceremony at the U.S. Capitol on Wednesday morning.

Why it matters: Top Democrats and Republicans gathered for the peaceful transfer of power only two weeks after an unprecedented siege on the building by Trump supporters to disrupt certification of Biden's victory. Trump did not attend Wednesday's ceremony.