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Posts Tagged ‘co:YouSendIt’

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 that lets you send files of up to 100 megabytes, as well as plugins For Microsoft Outlook, Adobe Photoshop and more. The Campbell, Calif. startup targets both consumers and corporations, but its niche is small businesses and independent professionals who need to send large files. YouSendIt says it already has 7 million users, and is growing by 200,000 per month.

Competitors include Pando, which is more consumer-focused and, unlike YouSendIt, uses peer-to-peer technology.

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?

yousendit.bmpOne trick is to use YouSendIt, a Mountain View start-up. You upload your large file to its site, type in an email address, and YouSendIt sends it to your recipient. It is free for files of 100MB or smaller. You have to pay $4.99 per month for the right to send files of up to 2GB. The recipient gets your email, with your optional note, and sees a URL for downloading the file.

You can use YouSendIt for free without registering, but files will be stored for only a week, and you get maximum of 25 emails. If you register, you get inbox, sent, and contact folders. You pay more for other add-ons.

The company has just raised $4.7 million more in a second part of its first round of venture capital. Backers Alloy Ventures, Cambrian Fund and Sevin Rosen Funds invested the money, according to PE Week.

myfabriklogo.bmpNext is MyFabrik, a San Mateo start-up that offers a Web service that you can reach from anywhere, to store, manage and share all your files. There are many companies now offering storage and sharing, including Phanfare, Sharpcast, Box.net and Omnidrive, to name just a few. They each have their quirks. Phanfare charges a minimum of $7 a month. Sharpcast additionally lets you store from any device, including mobile phones, and so on. MyFabrik’s advantage is that it has a relationship with Maxtor, which lets you integrate your storage with the high-powered secure $630 box, if you want to pay that. But its free service — up to 1GB — is easy to use, though it is ad-supported. After the 1GB, you pay 49 cents a month per additional GB, even with ads. Or you can pay more to avoid ads altogether. Chief executive Mike Cordano, who came from Maxtor, gave us a demo recently. He said he thinks the company can break even by first quarter of next year.

Today the company announced MyFabrik Lite, another free service that lets you upload your file and send them to others without having to send attachment. The recipient receives an email with a URL link allowing them to download it. It also lets you embed a widget into your blog, so that you can upload files there for people to download. You get 1GB of space. However, you can’t log into the account to edit the media after it is up.

The company has raised $12 million in financing, and close to 90 percent of that is still in the bank, Cardano says. The money came from ComVentures and others, and this hasn’t been reported before, to our knowledge.

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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,” [...]

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