Investors Send $15M to YouSendIt

Campbell, CA-based YouSendIt, whose software allows companies to use the Internet to securely transfer files that are too large to be sent by e-mail, announced today that it has raised $15 million in Series D funding. New investor Adams Street Partners led the financing round, which also included existing investors Emergence Capital, Sigma Partners and Alloy Ventures. The company says it will use the money “to accelerate growth and increase market share.”

Wade Roush is a freelance science and technology journalist and the producer and host of the podcast Soonish. Follow @soonishpodcast

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One response to “Investors Send $15M to YouSendIt”

  1. Don says:

    How do these guys make money? Remember using them once in 2006 when they were hot stuff and featured in Business 2.0 but since then I have not heard much about them.