WeTransfer, Dutch cousin of Dropbox secures €35M, takes innovative approach to promote creatives communities

Ever since the inception of the Internet, the technology industry has been steadily moving away from local/physical storage to remote, server-based storages. Rather than sharing important files in mail, most of the companies across the globe prefer secure file sharing services to avoid risks.

Secured €35M!

WeTransfer is an Amsterdam-based file sharing platform founded in 2009. Recently, the company has secured €35 million in Series B funding after six years, led by European growth equity firm, HPE Growth, with significant participation from existing investors Highland Europe.

Gordon Willoughby, CEO of WeTransfer, said:

The opportunity to partner with HPE was too good to miss.

Furthermore, Jonne de Leeuw, of HPE, will replace WeTransfer co-founder Nalden on the company’s Supervisory Board, joining Bas Beerens (Founder, WeTransfer), Irena Goldenberg (Highland Europe) and Tony Zappalà (Highland Europe).

Willoughby added:

HPE recognize the value we provide and want to help us continue to scale quickly. We have a new product road map for the autumn, so having HPE join us, together with Highland Europe, gives us the stability and skills we need.

WeTranfer – Simplest way to transfer ideas

For the unknown, WeTransfer is the simplest way to send your files around the world. Through this, the company aims to enable the effortless transfer of ideas from one creative mind to many.

In addition to launching the mobile app Collect (4M monthly users), last year, WeTransfer acquired immersive sketching tool Paper (25M downloads) and a collaborative presentation tool Paste (40,000 participating teams).

Supporting creative communities!

Also, the file-sharing platform has pioneered a new means of online advertising, resulting in the platform’s full-page wallpapers. TheaAdvertisers include industry-leading brands like Apple, Saint Laurent, Google, Balenciaga, Samsung, Netflix, Adidas, and Squarespace.

Since its founding, WeTransfer has proudly supported the creative communities and given up to 30% of advertising space to support the arts, donating over 5 billion impressions in 2017

50M users in 195 countries!

The original file transfer product has driven WeTransfer’s growth to over 50M users in 195 countries, who send more than a billion files each month. With HPE’s expertise, WeTransfer will emphasize recruiting the best talent to develop its tools faster.

Jonne de Leeuw, HPE, says:

WeTransfer has demonstrated tremendous organic growth since its inception and has developed a committed, loyal following, particularly amongst the global creative community. We’re keen to provide the resources and support to help the company further build and refine its unique product strategy and market position. We see an opportunity for the company to address an even broader audience while continuing to grow profitably at scale.

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