Received $16 Million for an Online File System

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  • 0 Comments... What do you have to say? Received $16 Million for an Online File System raised $16 Million in Series B funding from U.S. Venture Partners and Draper Fisher Jurvetson.

What does do? provides and online file system.

VCU says: was founded in 2005. They state that they are the first online file system that enables users to share, store, and access files of any type from anywhere.

As of the writing of this story has more than 1.4 million users and serves over 1 million files every day. was the first internet storage provider to launch an open API in late 2005. They also have a developer network of over 1,000 developers.

In December 2007, the company launched its OpenBox platform, which connects data from with other applications and services across the web, allowing users to interact with their files in a wide range of web-based services and applications that drive productivity. The open platform permits companies and developers to integrate their applications and services on the website.

Take a look at




Read more about Draper Fisher Jurvetson here.

Read more about U.S. Venture Partners here.

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    About: I work at Phase One Accelerators and you can find me on and at Brian Longest on LinkedIn.

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