YouSendIt Secures $14,000,000 Series C Financing Round

  • Feed Type
  • Date
    7/15/2008
  • Company Name
    YouSendIt
  • Mailing Address
    1919 S.Bascom Ave. 3rd Floor Campbell, CA 95008
  • Company Description
    YouSendIt lets businesses, professionals and consumers move big files. If you know how to use email, you can easily use the YouSendIt service. YouSendIt currently has over 3 million registered users across 220 countries and over 13,000 paid users. More than 400 million files have been transferred using the service and YouSendIt is transferring over 1 million files with 30,000 gigabytes daily
  • Website
    http://www.yousendit.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $14,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    The series C financing will help YouSendIt expand its customer base, already growing by 200,000 users each month, and fund the development of new innovations for YouSendIt’s Web-based content-delivery and management services.
  • M&A Terms
  • Venture Investor
    Emergence Capital Partners
  • Venture Investor
    Sigma Partners
  • Venture Investor
    Alloy Ventures
  • Venture Investor
    Sevin Rosen Funds

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