Market Overview

FileCloud Expands in International Markets; Opens Office in Germany

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  • Cloud-agnostic EFSS enables European customers to maintain
    infrastructure of choice and meet regulatory compliance
  • New German office positions FileCloud to better serve European markets
    and indicates commitment to developing features and solutions that
    cater to global companies
  • FileCloud's number of customers in German-speaking region more than
    tripled in the last two years

FileCloud,
a cloud-agnostic Enterprise File Sync and Sharing Solution, today
announced that it is opening a new office in Germany to better serve
European markets and to recruit local talent. Current European customers
include the Swiss Federal Institute of Intellectual Property, United
Nations Environment Program, Deloitte and the Hanze University of
Applied Sciences.

"Europe is one of our fastest growing markets and strengthening our
local presence is essential," said Madhan Kanagavel, CEO of FileCloud.
"Our recent expansion into Germany reflects our optimism in the European
market and reinforces our commitment to European companies on developing
solutions that meet the local regulation and market demands."

GDPR is driving a need for solutions that offer data ownership and
control. FileCloud is a leader in the enterprise file sharing and
collaboration space that enables collaboration across organizations
while delivering total control and ownership. With recent company size
and revenue growth, this expansion to Europe will contribute to the
global traction of FileCloud's solution.

FileCloud was the first private cloud enterprise file sharing and
collaboration solution to release features to address GDPR. FileCloud
continues to introduce many product features that are developed mainly
to cater to European enterprises. FileCloud recently announced ‘pattern
search' which allows organizations for personal data patterns such as
driver's license, national identification number, passport number etc.

"From inception, FileCloud has championed data ownership and control,"
said Amar Kanagaraj, CMO of FileCloud. "As companies and governments
realize the importance of data ownership, FileCloud's value proposition
is resonating with the market. In the post-GDPR era, there is an
increased need for solutions like FileCloud that offer data ownership
and control."

FileCloud is an advanced, scalable and growing platform that solves the
needs of large enterprise organizations. Find out more: https://www.getfilecloud.com.

About FileCloud

FileCloud is a unified, secure enterprise file service platform that
organizes enterprise data, enhances collaboration and productivity while
providing ironclad data protection. FileCloud is developed by CodeLathe
Inc., based in Austin, Texas. FileCloud offers powerful file sharing,
sync, and mobile access capabilities on public, private and hybrid
clouds. The company offers two products — Tonido for consumers, and
FileCloud for businesses — that are used by millions of customers around
the world, ranging from individuals to Global 2000 enterprises,
educational institutions, government organizations, and managed service
providers. For more information, visit www.getfilecloud.com.

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