By Maureen Mo Elinzano
By Tom Taulli Forbes.com, 6/20/15
The Cloud storage market is both crowded and competitive with powerhouses such as Box, Dropbox, Amazon.com, Google, and Microsoft.
eFileCabinet manages to compete in the big time of Cloud storage by providing a hybrid of Cloud and on-premise software that completely replaces everything that you can do with paper.
“Our software manages the life cycle of all company files, lets you share and route files as needed, lets you e-sign documents internally and externally, and keeps the entire process secure and compliant. It’s enterprise-grade security in a service built specifically for SMBs,” said CEO Matt Peterson.
eFileCabinet’s focus from day one has been on security and compliance, which contrasts with the priorities of Dropbox and Box, both of which are more focused on the consumer.
“Businesses come to us saying they’ve used the Box,” said Matt. “They are looking for something more complete. They want a solution that is compliant and helps them manage information, rather than just stuffing something on the cloud and sharing it. They want a business-ready product.”
With a lifespan of 12 years (and counting), 153,000 paying customers (and counting) and its recent raise of Series B funding in the immense amount of $14 million, eFileCabinet is only on its way up and definitely beyond the Box.