pCloud Raises $3M in Funding

pCloud_LogopCloud, a Zug, Switzerland-based cloud storage provider, raised $3m in funding.

Backers included unnamed private investors with IT background.

The company intends to use the funds to expand its partnership network and build representative offices in Western Europe, the United States and selected emerging markets.

Led by Tunio Zafer, CEO, pCloud provides cloud storage services for individuals and businesses featuring pCloud Drive, upload links and syncing multiple folders. pCloud Drive allows files to be stored entirely on a cloud-based external hard drive, which frees up local hardware space, improves upload and download speed and allows files of any size to be stored and accessed.
pCloud Business, a cloud storage service for organizations, launched in June while, by the end of the summer, the company will launch its client-side encryption feature for iOS and Android mobile devices.

FinSMEs

10/08/2015

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