Cloud file management startup FileTrek has exited stealth mode with good news: it has raised $ ten million in second-round funding and is ready toshow corporations that it’s the greatest selection for securely sharing and tracking files in the cloud.
FileTrek will compete heavily with Box and Egnyte, two other file sharing and hosting solutions strongly targeting enterprise users. But FileTrek stresses that it adds one thing to the mix of cloud storage that no 1 else is: detailed file tracking so you constantly know exactly where a file is located and who created modifications. (When the firm demoed the service to me, I told them it looked like Microsoft Workplace track alterations on steroids.)
“We’re not saying we’re better than Box, but we do supply much more,” FileTrek CEO Dale Quayle told VentureBeat. “There is nothing at all at the moment obtainable from Box that we don’t give and there’s a ton accessible from us that Box doesn’t give.”
On top rated of often letting you know exactly where cloud-based files are, the firm also offers solutions for project collaboration and a way for managers to track data with audit reporting. Thankfully, the remedy is also effortless to scale across desktops and mobile devices so each and every employee can take portion.
FileTrek’s new funding was led by Anthem Venture Partners, Telesystem, and Ontario Emerging Technologies Funds.
“We believe FileTrek will define a new category by delivering an innovative solution that combines file sharing and tracking of vital data,” stated William Woodward, Managing Director of Anthem Venture Partners, in a statement. “FileTrek provides accessibility to the content material that is presently scattered throughout an organization and elsewhere, bringing a new sense of security to firms each huge and little.”
Ottawa, Canada-based FileTrek previously raised $ five million in funding, so its total raised is now at $ 15 million. The company also has a regional workplace in Los Angeles. The organization will the new funding to employ new engineering talent and to beef up its sales and delivery capabilities, Quayle stated.
You can see a lot more screenshots from FileTrek’s service beneath:
Filed below: cloud 
