By MICHAEL LIEDTKE

AP Technology Writer

SOME technology-savvy venture capitalists are making a big bet on a promising Internet company run by a 26-year-old college dropout in Palo Alto, California. Only this time, the object of their financial affection isn't Facebook and its chief executive, Mark Zuckerberg.

It's Box.net, a start-up that offers online storage lockers for personal and corporate information. The privately-held company is getting $48 million from a group of investors and financiers, which include two of Facebook's major shareholders: venture capital firms Meritech Capital and Andreessen Horowitz.

The similarities do not end there.

Box is based in Palo Alto, as ...

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