I am excited to announce that Hightail has secured a new round of investment totaling $34 million. This fresh influx of capital will help fund our new strategic partnerships, expansion into international markets and, of course, ensuring our service continues to help our more than 40 million customers share their files with complete control.
The funding round is led by Western Digital Capital – the investment arm of the leading hard drive manufacturer – alongside fellow new investors Accolade Partners and existing backers Alloy Ventures, Sevin Rosen, Emergence Capital, Adams Street Partners and Sigma Partners.
This is a tremendous milestone for Hightail and we’re thrilled to be partnering with investors who share our vision for the company. We’ve already kick-started a number of exciting projects that will enhance and expand our products to make Hightail an even easier, safer and smarter way to share files and work together. I look forward to sharing the results with you over the coming months.
To learn more about Hightail’s new funding, read the full press release.