Adept Cloud

San Mateo, United States Founded: 2011 • Age: 15 yrs Acquired By Hightail
Private cloud for file sharing

About Adept Cloud

Adept Cloud is a Technology company based in San Mateo (United States) founded in 2011, and was acquired by Hightail in September 2013. Private cloud for file sharing. Adept Cloud has raised $1.08 million across 2 funding rounds from investors including Hightail and The Entrepreneurs' Fund. Its focus areas include Enterprise Applications, Enterprise Collaboration and EFSS. Its competitors include Box, Dropbox and Egnyte; 3 of its 3 listed competitors have raised funding.

Company details

Adept Cloud was founded in 2011 in San Mateo, United States, as a cloud-based platform in the private collaboration sector. Secure file sharing and data collaboration are supported, with infrastructure designed to minimize installation and upgrade times. Private networking is enabled for enhanced security. The company was acquired by Hightail on September 17, 2013.

Key Metrics
  • Total Equity Funding
    $1.08M (USD)

    in 2 rounds

  • Latest Funding Round
    $700K (USD), Series A

    Nov 2012

  • Investors
    Hightail

    & 1 more

  • Acquired by
    Hightail

    (Sep 2013)

Funding Insights of Adept Cloud

Adept Cloud has successfully raised a total of $1.08M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $700 thousand completed in November 2012. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $1.08M
  • Total Rounds 2
  • Last Round Series A β€” $700,000
  • First Round $384,999

    (Apr 2012)

  • Investors Count 1

All 2 funding rounds of Adept Cloud with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2012$700,000Series A––
Apr 2012$384,999Seed––
–
Valuation history

2 investors in total: 2 institutional.

Investors in Adept Cloud

Adept Cloud has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Hightail and The Entrepreneurs' Fund.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Seed & early-stage VC firm investing in the US
tefunds.comSan Mateo, United States
Files and folders are securely shared and managed anywhere.
2004hightail.comCampbell, United States
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Investor details for Adept Cloud

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Timeline of Adept Cloud

4 dated milestones of Adept Cloud across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded Adept Cloud is founded.
  2. Funding First funding round of $385K.
  3. Funding Latest funding round, Series A, of $700K.
  4. Exit Acquired by Hightail.

Competitors of Adept Cloud

Adept Cloud has 3 listed competitors in our database, 3 of them funded. They include Box, Dropbox and Egnyte.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
box.com2005Redwood, United States$692.63M
AI-based platform for secure collaboration and content management is utilized.
dropbox.com2007San Francisco, United States$607.2M2,316
Cloud-based file sharing and collaboration tools are offered for enterprises.
egnyte.com2006Mountain View, United States$136.5M
Platform that offers data governance and file sharing solutions
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Detailed competitors of Adept Cloud

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Top companies in Enterprise Collaboration & Video Tools

3 companies that operate in the same segment as Adept Cloud (Enterprise Collaboration & Video Tools) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud-based team communication and collaboration platform is provided.
2009San Francisco, California, United StatesUSD 1.22 B2,555
Collaborative platform for design prototyping and feedback is provided.
2012San Francisco, California, United StatesUSD 748.62 M2,877
AI-based platform for secure collaboration and content management is utilized.
2005Redwood City, California, United StatesUSD 692.63 MUSD 1.18 B4,447
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Frequently Asked Questions about Adept Cloud

Adept Cloud was founded in 2011 and raised its 1st funding round 1 year after it was founded.

Adept Cloud is headquartered in San Mateo, United States. It is registered at San Mateo, California, United States.

Adept Cloud is a funded company, having raised a total of $1.08M across 2 funding rounds to date. The company's 1st funding round was a Seed of $385K, raised on Apr 2012.

Adept Cloud was founded in 2011 in San Mateo, United States, as a cloud-based platform in the private collaboration sector. Secure file sharing and data collaboration are supported, with infrastructure designed to minimize installation and upgrade times. Private networking is enabled for enhanced security. The company was acquired by Hightail on September 17, 2013.

Adept Cloud's top competitors include Box, Dropbox and Egnyte.

Adept Cloud has 2 investors. Key investors include Hightail, and The Entrepreneurs' Fund.

Yes. Adept Cloud was acquired by Hightail in September 2013.

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