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Adept Cloud Launches with $700K Series A

2012-11-01
SAN MATEO, CA, Developer of the industry's first cloud-managed private collaboration solution announced that it has raised $700,000 in Series A capital. The Entrepreneurs' Fund III led the round.
Adept Cloud, Inc., developer of the industry's first cloud-managed private collaboration solution, today launched a pilot version of adeptCloud, its enterprise-class collaboration and file access solution that combines the uncompromising security of private collaboration tools and the ease of access and configuration provided by the cloud. Designed to enable collaboration on the sensitive documents that businesses deal with every day, adeptCloud does not require businesses to transfer or store documents in a third-party data center. Instead, businesses can maintain their own file storage behind corporate firewalls and, using adeptCloud's cloud-based interface, provide both internal and external teams with access to the files they need.

"Businesses that deal with sensitive data have not been able to leverage the benefits of the public cloud to improve collaboration across their organizations. They are left with unwieldy, complex private collaboration tools that often frustrate users and IT staff," said Frank-Robert Kline, CEO and co-founder of Adept Cloud. "We created adeptCloud to provide enterprises the best of both worlds: uncompromising security that ensures the privacy of sensitive documents and the ease-of-use and access employees are finding in public cloud solutions that may not be as secure or private."

With adeptCloud, enterprises can enable employees, as well as partners, customers, suppliers and contractors, to seamlessly collaborate on documents without changing the ways in which they typically interact with their applications. The solution supports desktop synchronization, repository browsing, and Web access. Because files are stored by the enterprise, not in third-party datacenters, adeptCloud enables businesses to synchronize and share an unlimited number of files, no matter the size, without incurring fees typically charged by other cloud-based storage and collaboration solutions. In addition, users can work from anywhere, at any time, because adeptCloud operates on Windows, Mac and Linux desktop systems, and can provide on-the-go access with native applications for iPhone, iPad, Android, Kindle Fire and Blackberry.

adeptCloud is built using industry standard best practices for encryption and authentication, with every connection secured using military-grade, bi-directional TLS security. Its cloud management platform enables enterprises to deploy and configure adeptCloud in a matter of minutes, and ensures that clients and services automatically stay up-to-date. adeptCloud can be easily integrated into existing systems, as it requires no upfront hardware and connects to Active Directory and Google Apps out of the box. Security is further enhanced because adeptCloud also supports federated log-in, so users will not have to type domain credentials into the adeptCloud interface.

Two versions of adeptCloud are available during the pilot trial:

adeptCloud for Business, the company's private, unlimited-usage product for secure enterprise-class collaboration; and

adeptCloud Onsite, an add-on to adeptCloud for Business, this provides enterprise-grade IT services within adeptCloud. Privately deployed as software or as an appliance, adeptCloud Onsite keeps sensitive information private and secure. Built for complex network configurations and multi-site businesses, adeptCloud Onsite can be distributed across many network silos or federated for redundancy. adeptCloud Onsite provides additional services, such as continuous backup, auditing, file versioning and Web access.

Enterprises interested in joining the adeptCloud pilot program should visit adeptcloud.com to sign up. Qualified users will be given a 30-day free, limited trial of adeptCloud for Business and adeptCloud Onsite. After the trial period, cost for adeptCloud for Business will start at $10 per user per month, depending on the solution.

Adept Cloud Raises Series A Funding

In conjunction with its pilot launch, Adept Cloud announced that it has raised $700,000 in Series A capital. The Entrepreneurs' Fund III led the round, joined by other private investors. The money is being used for product development, as well as to execute the adeptCloud pilot and early customer implementations.

"Adept Cloud is setting itself apart by enabling private collaboration across different silos and different organizations, something that to date no other solution has been able to effectively accomplish," said Jeffrey T. Webber, managing director at The Entrepreneurs' Fund III. "The time is right now for this type of solution in the market, and we believe Adept Cloud is well positioned to become a leader in this space."

Adept Cloud was founded in 2011 by Kline and Aaron Nathan, the company's CTO. adeptCloud's board is comprised of Webber; Kenneth Gardner, founder and executive chairman of SOASTA Inc.; and Alan J. Higginson, chairman of F5 Networks Inc.

About Adept Cloud, Inc.

Adept Cloud, Inc. is a venture-backed provider of the industry's first cloud-managed private collaboration solution. Its adeptCloud solution enables businesses to easily collaborate internally and externally while maintaining the uncompromising security of the private cloud. Unlike existing private collaboration solutions, adeptCloud is managed in the cloud, taking the complexity out of data privacy and enabling deployment and configuration to take place in minutes - not months. adeptCloud simplifies collaboration for users, who can access documents from the desktop, mobile devices or via the Web. Founded in 2012, adeptCloud is simplifying the process of collaboration on sensitive business files using multiple devices and across complex networks. For more information, please visit www.adeptcloud.com .
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