SoundCloud raises $3.3 million for audiophile file-sharing
SoundCloud, an audio file sharing site for music professionals, has raised €2.5 million ($3.3 million) in its first round of funding. The Berlin-based startup entered the crowded file-sharing market last year with a private beta, but its executives say the service has since grown to 100,000 registered users.
The site works by providing a web-based platform for storing and sharing uncompressed audio files. But, rather than focusing on the average file sharer, SoundCloud targets its service… Continue Reading
YouSendIt trims 20 percent of staff
Large file delivery service YouSendIt is the latest tech company to downsize, laying off 14 employees (20 percent of its staff). Unlike other companies cutting jobs, however, it didn’t cite the poor economy as the primary rationale. Rather, it hopes to rechannel its resources into the enterprise side of the business, reports VentureWire.
The Campbell, Calif.-based company, launched its enterprise services in 2007 for businesses looking to electronically send large files in high volumes. It has… Continue Reading
YouSendIt gets $14M to send large files
YouSendIt, a company that lets you send and receive large files through your email, has raised $14 million in a third round of funding.
The financing comes from new investor Emergence Capital Partners (the online services-focused firm best-known for backing Salesforce.com) and existing investors Sigma Partners, Alloy Ventures, Sevin Rosen Funds and Cambrian Ventures. YouSendIt raised a $10 million second round last year.
YouSendIt has a range of offerings, including a free version of its basic service… Continue Reading
YouSendIt raises $10M for file delivery service for professionals
YouSendIt, a Mountain View, Calif. service that lets professionals deliver large files over the Internet, said it has raised $10 million in a second round of venture capital financing.
The funding comes at a time when dozens of companies are helping speed up the delivery of files in multiple ways. “There are a zillion of them,” said Nick Sturiale, an investor with Seven Rosen Funds, which provided the funding, along with Sigma Partners, which led the… Continue Reading
YouSendIt and MyFabrik add to file-sharing options
YouSendIt and MyFabrik are two of the many companies that let you easily share large files, such as videos or photos. They’ve raised venture capital recently, to help them survive the throng of competitors.
Have you ever had an outgoing or incoming email bounce because you were trying to send a giant attachment?
One trick is to use YouSendIt, a Mountain View start-up. You upload your large file to its site, type in an email address, and… Continue Reading