About Hightail
Hightail is a company based in Campbell (United States) founded in 2004 was acquired by OpenText in February 2018.. Hightail has raised $77.7 million across 5 funding rounds from investors including OpenText, Accolade Partners and Alloy Ventures. The company has 1 employees as of March 30, 2024. Hightail has completed 4 acquisitions, including Adept Cloud, Attassa and Found Software. Hightail operates in a competitive market with competitors including Box, WeTransfer, Dropbox, Egnyte and Crossbeam, among others.
- Headquarter Campbell, United States
- Employees 1 as on 30 Mar, 2024
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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- Legal Name Hightail India Private Limited
- Date of Incorporation 11 Feb, 2014
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$77.7 M (USD)
in 5 rounds
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Latest Funding Round
$34 M (USD), Series E
Nov 19, 2013
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Investors
OpenText
& 8 more
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Employee Count
1
as on Mar 30, 2024
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Investments & Acquisitions
Adept Cloud
& 3 more
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Acquired by
OpenText
(Feb 14, 2018)
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Funding Insights of Hightail
Hightail has successfully raised a total of $77.7M across 5 strategic funding rounds. The most recent funding activity was a Series E round of $34 million completed in November 2013. 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 Funding
- Total Rounds 5
- Last Round Series E — $34.0M
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First Round
First Round
(17 Nov 2006)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2013 | Amount | Series E - Hightail | Valuation | Western Digital Cptl | |
| Sep, 2010 | Amount | Series D - Hightail | Valuation | Adams Street Partners | |
| Jul, 2008 | Amount | Series C - Hightail | Valuation | Emergence Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Hightail
Hightail has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include OpenText, Accolade Partners and Alloy Ventures. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage startups are funded by Accolade Partners venture capital firm.
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Founded Year | Domain | Location | |
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Early stage venture capital firm investing in the US
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Founded Year | Domain | Location | |
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Tech focused Early and growth stage VC firm investing in the US
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Hightail
Hightail has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Adept Cloud, Attassa and Found Software. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Private cloud for file sharing
|
2011 | ||||
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Provider of an application for data discovery
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2010 | ||||
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Online platform for electronic signature
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2008 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Hightail
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Hightail Comparisons
Competitors of Hightail
Hightail 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, WeTransfer, Dropbox, Egnyte and Crossbeam, 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.
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| domain | founded_year | HQ Location |
Cloud-based file sharing and file transfer application
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| domain | founded_year | HQ Location |
Cloud-based file sharing and collaboration tools are offered for enterprises.
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| domain | founded_year | HQ Location |
Platform that offers data governance and file sharing solutions
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| domain | founded_year | HQ Location |
Collaborative platform for data security and privacy is provided.
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| domain | founded_year | HQ Location |
Large files are shared efficiently via a cloud-based protocol.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Hightail
Frequently Asked Questions about Hightail
When was Hightail founded?
Hightail was founded in 2004 and raised its 1st funding round 2 years after it was founded.
Where is Hightail located?
Hightail is headquartered in Campbell, United States. It is registered at Campbell, California, United States.
Is Hightail a funded company?
Hightail is a funded company, having raised a total of $77.7M across 5 funding rounds to date. The company's 1st funding round was a Series C of $14M, raised on Nov 17, 2006.
How many employees does Hightail have?
As of Mar 30, 2024, the latest employee count at Hightail is 1.
What does Hightail do?
Hightail was founded in 2004 and is based in Campbell, United States, within the software industry focused on digital content management. Tools for secure sending, sharing, and controlling of files are offered, along with storage and tracking capabilities. A collaboration suite is provided for users inside and outside organizational firewalls, enabling content sharing up to 10 GB, document signing, and access via mobile devices or PCs.
Who are the top competitors of Hightail?
Hightail's top competitors include Box, WeTransfer and Dropbox.
How many acquisitions has Hightail made?
Hightail has made 4 acquisitions, including Adept Cloud, Attassa, and Found Software.
Who are Hightail's investors?
Hightail has 9 investors. Key investors include OpenText, Accolade Partners, Alloy Ventures, Emergence Capital, and Adams Street Partners.
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