YOUSENDIT LAUNCHES NEW SERVICES
FOR BUSINESS COLLABORATION
IN THE CLOUD – ANYTIME, ANYWHERE
First cloud collaboration service to offer integrated approach for
sending, sharing & signing documents online, with unlimited storage
CAMPBELL, Calif., July 26, 2011 –
YouSendIt, Inc., a leader in cloud-based collaboration services, today
significantly expands its services for an increasingly distributed and
mobile workforce, meaningfully addressing the need for professionals to
get business done online. Building on its current leadership in sending
and tracking business content online, YouSendIt becomes the first cloud
collaboration service to offer integrated tools for sending, sharing
and signing business content online – anywhere, anytime.
The expanded services enable YouSendIt users to:
· Save and sync content in the cloud with unlimited storage.
· Access files and folders in the cloud anywhere, anytime via desktop or mobile devices.
· Collaborate with co-workers and business partners through secure file and folder sharing.
· Securely send and track business content.
· Review and sign business documents online at a desk or on the go.
YouSendIt’s new features leverage the opportunities and benefits
of cloud-based collaboration – including scalability, ease of use and
cost effectiveness. The introduction builds on the company’s
accelerating growth, evidenced by 32 million unique users in the last 12
months, 20 million registered users and 450,000 paid subscribers.
Built upon YouSendIt’s proven and proprietary cloud-computing
environment, the company’s product offering combines scalability,
reliability, security with unparalleled ease of use, allowing customers
to continue to work within familiar OS platforms and applications on
traditional and mobile computing devices.
“YouSendIt is how business gets done online,” said Ivan Koon, the
company’s chief executive officer. “Now more than ever, professionals
need solutions that help them efficiently manage the flow of important
business content. The new YouSendIt builds on our leadership in secure
file sharing, makes it easier to access and sign off on critical
content, and shapes the way work will get done in the future.”
Today’s introduction significantly advances the company’s
three-pronged growth strategy: building a large, satisfied user base
chosen by millions of individual professionals; translating fast-growing
individual adoption into company-wide deployments; and expanding the
YouSendIt service with valuable, adjacent features and enterprise-grade
“Collaborative applications represent the fundamental tools for
people and organizations to not only communicate, but also get business
done,” said Erin Traudt, research director for IDC’s Enterprise
Collaboration and Social Solutions Practice. “In today’s highly
connected and mobile business environment, corporations and individual
users need a seamless way to share and collaborate around documents
without worrying about storage, security and access.”
The market for YouSendIt’s service is large. Independent
research firm IDC estimates that the worldwide collaborative
applications market will approach $14 billion in 2015[i]. YouSendIt
generated revenue of approximately $25 million in 2010, a 60 percent
increase over the prior year, and revenue growth is accelerating in
2011. By contrast, available data shows peer companies in the software
as a service (SaaS) category grew by an aggregate 30 percent last year.
YouSendIt seamlessly integrates array of user features within a single product suite
With an intuitive user interface, files are sent with drag-and-drop
simplicity. Information moves with the user, with access anytime,
anywhere via the desktop, Web or mobile devices.
YouSendIt drives productivity by ensuring collaboration is built
around the latest version of critical content, with changes to files and
folders instantly updated and synced across all devices. Documents –
as well as still images and motion files – can be saved from a PC or
mobile device into the YouSendIt cloud folder and are instantly
available on any device.
YouSendIt also allows for multiple levels of sharing permission –
read and write, read only and read only without login. Users receive
real-time notification on shared folder activities and real-time
synchronization across all devices.
YouSendIt’s signature feature facilitates annotations and legal
signatures via mouse or mobile touch screen on a variety of document
formats including, Microsoft Word and Excel and Adobe PDF. It
eliminates the common need to print, sign, copy and fax documents and
allows signature functionality anywhere via the desktop, Web or mobile
devices. Signed documents can be saved, sent and shared with one
click. The signature feature builds on the company’s January
acquisition of Zosh, a provider of innovative mobile electronic
Availability and Pricing
YouSendIt is now available through a Web app, mobile apps for iPhone
and iPad downloadable from the Apple iTunes store and a desktop app for
Windows OS. Mac and Android compatibility are scheduled for release in
the next several months.
A tiered pricing structure offers three levels of service – Lite
(free), Pro ($9.99 a month) and Pro Plus ($14.99 a month) – with
unlimited file storage.
YouSendIt, Inc. is the first cloud collaboration service to offer an
integrated approach for sending, sharing and signing documents online.
With over 20 million registered users in 193 countries, YouSendIt helps
enterprises and business professionals streamline collaboration by
enabling them to instantly sync and access content in the cloud and
easily send files, share folders, and sign documents from anywhere—the
desktop, Web or mobile devices. YouSendIt offers a suite of productivity
tools that integrate seamlessly into common desktop and mobile
environments. With YouSendIt, companies can alleviate ever-expanding
email inboxes and overages, improving performance and productivity while
reducing costs and IT security risks. Headquartered in Campbell,
Calif., YouSendIt is a privately held company backed by venture capital
firms Adams Street Partners, Alloy Ventures, Emergence Capital, Sevin
Rosen and Sigma Partners. Visit www.yousendit.com or the YouSendIt blog
for more information.