
Tresorit raises $3m series-A
Zurich-based cloud storage firm Tresorit has raised $3m in a series-A round led by existing backer Euroventures.
Several entrepreneurs also participated in the funding round, which brings the total raised by the company to $4.7m.
Tresorit's first institutional funding round occurred in January 2012; the company raised $1.7m from Euroventures, with the support of entrepreneurs.
The firm will use the funding to develop its cryptographic encryption technology and expand internationally.
Company
Founded in 2011 and based in Zurich, Tresorit has developed a cloud-based, file-synchronising software that allows business users to share files confidentially. Its software uses end-to-end encryption to ensure security.
Tresorit has fewer than 50 employees.
People
Andras Geszti is the founder of Euroventures.
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