Hightail was one of the first cloud file sharing services, launched as YouSendIt in 2004, quickly growing to raise $49 million in funding over a span of five years with 43 million customers. The company rebranded earlier this year to reflect its expanded service portfolio, including file collaboration tools.
adeptCloud will add to, and improve existing professional security and control features in Hightail such as read receipt, password protection, and document tracking. The team will also focus on enabling Hightail to integrate with existing enterprise storage and control services, according to the companies.
The consumer cloud storage and file sharing market is competitive, with players like Dropbox, Google Drive and Box leading the pack. In recent months, these providers have shifted their focus to business users, a segment of users that was already storing data in the cloud, just without the same assurances around encryption or compliance. In August, Box launched a small business plan for $5 per month.
Bring Your Own Device, or BYOD as it became known, has caused problems for enterprises as they look to control where employee data is stored. More than half of companies do not have a formal BYOD policy, according to a recent Acronis study, and only 31 percent of companies require employees to lock their devices.
“At Hightail, we don’t believe professionals should have to compromise superior user experience to gain the security and control they deserve. Team adeptCloud takes this to an entirely new level,” Brad Garlinghouse, CEO of Hightail said in a statement. “Together we’ll build on our long history of delivering security and control with a continued commitment to provide the most elegant and easy-to-use experience.”
“Hightail’s focus on collaboration, security and control fits perfectly with our approach to enabling professionals to confidently leverage the public cloud,” Frank-Robert Kline, co-founder and CEO of Adept Cloud said in a statement. “Together, we can offer professionals the enterprise-grade solution to the question of effective and easy cloud security. Our team can’t wait to dig in and get started.”