FileCloud, an Austin, TX-based provider of secure content collaboration and data governance solutions, received a strategic growth investment from Level Structured Capital.
The amount of the deal was not disclosed.
The company intends to use the funds to enhance its go-to-market strategies and further innovate its platform to meet the demand for secure, scalable, and compliance-driven file-sharing solutions.
Led by CEO Ray Downes, FileCloud provides a platform that is designed to offer end-to-end content collaboration and governance capabilities, allowing enterprises to manage sensitive data with ease while adhering to complex regulatory frameworks such as GDPR, HIPAA, ITAR and more. In addition to its enterprise file sharing solution, its product portfolio also includes Signority (acquired in May 2024), a Canadian-based e-signature and document workflow platform.
The company serves customers across 90+ countries, including Fortune 500 companies, from healthcare, finance and educational institutions.
Commenting on the news, Ray Downes said: “This investment comes at a pivotal time as businesses increasingly prioritize secure and compliant collaboration solutions. With this funding, we will accelerate our platform innovations, expand our market presence, and continue to empower organizations worldwide with best-in-class solutions.”
FinSMEs
21/01/2025