virtualbox.org

I have installed VirtualBox as a guest and running Ubuntu as the Host. Could someone let me know if my usb is seen by VirtualBox or what the procedure is to get it recognized? Also, how can I access my CD drive with a program that is running in the guest area?

Thank you

You can find the answer here: VirtualBox FAQ
All you need to have the CD available to the guest is to mount it in the settings of the guest. Depending on the guest you need to read the above FAQ.