Good news everyone! We’ve just gathered up all the funding news for the day and rolled it up into our now legendary* Funding Daily column. Check out all the new investments inside.
Cloud storage companies are sucking up investor money at a furious rate as they gird themselves to compete. And, naturally, not all of them will emerge victorious.
In July, YouSendIt got a new name: Hightail. It reflects a change in focus for the company.
File storage company Hightail acquired security company adeptCloud today, continuing its quest to compete with major names in the cloud file-sharing industry.