Canadian Startup TitanFile Raises $1.1 Million

Posted by Stephen Christensen

Halifax's TitanFile, a secure document transfer company, has raised $1.1 million in financing.

This funding round is designed to bring their product out of its pilot program and into the mainstream. The capital was raised from many organizations, including Innovacorp and members of Nova Scotia’s First Angel Network. Described as a professional file sharing and collaboration product, TitanFile allow communication and file sharing amongst their users, on multiple devices, with the focus is on privacy and security.

Milan Vrekic, co-founder and CEO of TitanFile is excited for the launch. "We have seen magnificent traction within our pilot deployments. We are very excited about releasing the product to the general public,” he says.

The product has already been adopted by companies that expect a high level of security and collaboration, such as the Stewart McKelvey law firm, and the University of Florida, among many others.

 

 

"Professionals can now communicate with clients and colleagues without worrying about privacy and security, while avoiding the complexity of traditional enterprise solutions,” explains co-founder and CTO Tony Abou-Assaleh.

Based in Halifax and Kitchener, TitanFile is not new to secure collaboration. The Canadian startup has won a handful of awards, including the Canada-U.S. Youth Entrepreneur Innovation Award and the 2010 People’s Choice Cloudy Award for Best Cloud Newcomer at SXSW. Here you can see how TitanFile stacks up against other document sharing services, such as Google Drive, Dropbox, and SharePoint.

 

Company:
TitanFile Inc.
Website:
http://www.titanfile.com
Location:
Halifax, Nova Scotia, Canada

TitanFIle is the easiest way to send and receive confidential documents. Use TitanFile to send and receive files that are too confidential or too large for email & get notified once your sent document is accessed. TitanFile transfers your files over a secure connection and stores them safely using a military grade encryption. TitanFile can even verify identity of the recipient before giving them access to the... more


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Stephen Christensen

Stephen Christensen

Stephen is the Atlantic Canadian contributor for Techvibes.com; reporting Canadian technology news, with a focus on the Maritime provinces.  Having a deep-rooted interest in science and technology for much of his life, he is most interested in mobile technology and social media.  Having been published in various scientific journals, he is completing his Graduate Studies at Dalhousie University... more



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