YouSendIt Secures $14,000,000 Series C Financing Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=36f6460e-73e3-40a1-9773-30f9d26e4442&Preview=1 -
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
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Venture Investor
Emergence Capital Partners -
Venture Investor
Sigma Partners -
Venture Investor
Alloy Ventures -
Venture Investor
Sevin Rosen Funds
