FileTrek Launches Industry’s First Combined Cloud-Based File Sharing and Tracking Solution


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Los Angeles, CA, Feb. 15, 2012 — FileTrek announced today the only combined cloud-based file sharing and tracking solution on the market. FileTrek is designed to allow secure file sharing, project collaboration, and the ability for managers to track content and data with enhanced compliance-friendly audit reporting. The solution is easy to use, transparent to users and can scale across thousands of desktops and mobile devices to maximize individual and workgroup productivity.

Also today, the company announced it closed $10 million in Series B funding from a consortium of investors in the U.S. and Canada led by Anthem Venture Partners, Telesystem, and Ontario Emerging Technologies Funds.

“Companies are grappling with how to solve data sprawl created by the explosion of devices and cloud services that have been adopted for convenience and increased mobility,” said Dale Quayle, CEO of FileTrek. “Employees across all departments are deploying their personal devices and using public-cloud and file sharing applications that are currently outside IT control. FileTrek will give businesses the ability to track, access and share all their business content – while retaining employee freedom to create and collaborate productively.”

“It is essential for a financial services business like ours to be able to track the critical data that we share with our clients,” stated Frédéric Lavoie, CEO of ModelCom. “FileTrek software is the first solution we have seen that gives us the ability to securely share and monitor sensitive content in a single application.”

Track Files as You Share and Collaborate
FileTrek is the only secure cloud file sharing and collaboration tool with an innovative data tracking feature that instantly tells you: the location of a file, who has worked on it, the various changes that have been made to it, and how files are related. All versions of documents and files automatically backup and sync between multiple devices in real-time.

Users can share files directly from their desktop and access data anywhere from any device, whether they are online or offline. Files do not need to be tethered to a “box in the sky” for access and sharing. FileTrek also is the only solution to track project dependencies and related files during content collaboration.

Secure Data in Private Cloud and Audit Reporting
FileTrek provides audit trail reporting that gives management and IT visibility of all sharing, syncing and versioning activities of a file or its contents. Automatic audit trails showing file genealogy can be generated to obtain a comprehensive view of actions related to critical data. This is crucial for regulated industries with compliance requirements as well as any enterprise or small business that creates and/or manages controlled content and wants to ensure the security of its company IP.

All files are encrypted for secure cloud storage. Additionally, an internal FileTrek storage option allows Enterprises to utilize their own internal servers as the host rather than utilize the public cloud. This option allows organizations to share files, collaborate on projects, prevent data loss, and increase profitability – all within a unified and private system.

About FileTrek
FileTrek is privately held with offices in Los Angeles, California and Ottawa, Canada. FileTrek is a software provider of mobile content management and tracking solutions for complete visibility of sharing, syncing and versioning activities on the desktop and in the cloud. FileTrek solves the modern dilemma of data sprawl, empowers IT professionals, and improves efficiencies in companies of all sizes.

Contacts
Christina Armstrong
carmstrong@graylingcp.com
650-867-4829

Jake White
jwhite@filetrek.com
310- 702-4955


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