Filecloud Closes $30M Series A Led By Savant Growth To Address Growing Demand For Enterprise Security, Compliance And Workflow Automation
Dec 14, 2021•over 3 years ago
Amount Raised
$30 Million
Round Type
series a
Description
FileCloud, a leading, hyper-secure content collaboration platform used by enterprise organizations around the world, today announced that it has raised a $30 million Series A led by Savant Growth Fund I LP with participation from Kennet Partners. In addition, the company raised a $10 million growth capital facility with Avidbank. The investment will support the company’s continued innovation and rapid market expansion, both domestically and throughout international markets.
Funding Insights
Based on industry dataTech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech