FileCloud, an Austin, Texas-based leading, hyper-secure content collaboration platform used by enterprise organizations around the world, announced that it raised a $30 million Series A.
The round was led by Savant Growth Fund I LP, with participation from Kennet Partners. In addition, the company raised a $10 million growth capital facility with Avidbank.
The investment will support the company’s continued innovation and rapid market expansion, both domestically and throughout international markets.
Round: Series A
Funding Month: December 2021
Lead Investors: Savant Growth Fund I LP
Additional Investors: Kennet Partners and Avidbank
Company Website: https://www.filecloud.com/
Software Category: Hyper-secure content collaboration platform (CCP)
About the Company: FileCloud is a hyper-secure content collaboration platform (CCP) that provides industry-leading compliance, data governance, data leak protection, data retention, and digital rights management capabilities. Workflow automation and granular control of content sharing across most enterprise platforms are fully integrated into the complete CCP stack. The platform offers powerful file sharing, sync, and mobile access capabilities on public, private, and hybrid clouds. FileCloud is headquartered in Austin, Texas. FileCloud is used by millions of users around the world, including top Global 1000 enterprises, educational institutions, government organizations, and managed service providers.