Adept Cloud

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

Adept Cloud is a company based in San Mateo (United States) founded in 2011 was acquired by Hightail in September 2013.. Adept Cloud has raised $1.08 million across 2 funding rounds from investors including Hightail and The Entrepreneurs' Fund. Adept Cloud operates in a competitive market with competitors including Box, Dropbox, WeTransfer, Egnyte and Hightail, among others.

  • Headquarter San Mateo, United States
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $1.08 M (USD)

    in 2 rounds

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

    Nov 02, 2012

  • Investors
    Hightail

    & 1 more

  • Employee Count
    Employee Count
  • Acquired by
    Hightail

    (Sep 17, 2013)

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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
  • Total Rounds 2
  • Last Round Series A — $700,000
  • First Round

    (16 Apr 2012)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2012 Amount Series A - Adept Cloud Valuation

investors

Apr, 2012 Amount Seed - Adept Cloud Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Seed & early-stage VC firm investing in the US
Founded Year Domain Location
Files and folders are securely shared and managed anywhere.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Adept Cloud

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Adept Cloud

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Adept Cloud Comparisons

Employees
+
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Competitors of Adept Cloud

Adept Cloud operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Box, Dropbox, WeTransfer, Egnyte and Hightail, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
AI-based platform for secure collaboration and content management is utilized.
domain founded_year HQ Location
Cloud-based file sharing and collaboration tools are offered for enterprises.
domain founded_year HQ Location
Cloud-based file sharing and file transfer application
domain founded_year HQ Location
Platform that offers data governance and file sharing solutions
domain founded_year HQ Location
Files and folders are securely shared and managed anywhere.
domain founded_year HQ Location
Cloud-based enterprise file synchronization and sharing are facilitated through gateways.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Adept Cloud

Frequently Asked Questions about Adept Cloud

When was Adept Cloud founded?

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

Where is Adept Cloud located?

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

Is Adept Cloud a funded company?

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 16, 2012.

What does Adept Cloud do?

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.

Who are the top competitors of Adept Cloud?

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

Who are Adept Cloud's investors?

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

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