RushFiles Company Profile

Background

Overview

Founded in 2012 and headquartered in Horsens, Denmark, RushFiles specializes in providing secure cloud storage and file-sharing solutions. The company offers both Software as a Service (SaaS) and on-premise solutions, catering to a diverse clientele that includes internet service providers, hosting companies, telecom operators, and software manufacturers.

Mission and Vision

RushFiles is committed to delivering robust, cost-effective, next-generation file-sharing and storage solutions that assist companies worldwide in their digital transformation processes. The company's vision is to lead the digital transformation of businesses, industries, and markets by building strategic global partnerships and replacing outdated workflows with simplified, secure digital solutions.

Key Strategic Focus

Core Objectives

RushFiles aims to be at the forefront of digital transformation by offering secure and flexible content collaboration platforms. The company focuses on enabling seamless collaboration across various devices and locations while ensuring data security and compliance.

Areas of Specialization

SaaS Solutions: Cloud-based file storage and sharing with real-time updates and comprehensive administrative controls.

On-Premise Solutions: Allowing organizations to manage sensitive data on their own servers, meeting compliance needs and retaining full control over users and data.

Data Island: A high-security version of the on-premise solution, designed for organizations with stringent security requirements.

Key Technologies Utilized

RushFiles employs advanced encryption protocols and offers client applications compatible with Windows, macOS, Android, and iOS devices to facilitate secure file access and sharing across different platforms.

Primary Markets Targeted

The company serves a global market, focusing on businesses seeking secure and flexible file-sharing and storage solutions, including sectors with high compliance and security requirements.

Financials and Funding

Funding History

February 1, 2016: Received a grant of €2,281,563 from the Executive Agency for Small and Medium-sized Enterprises (EASME).

Acquisition

June 28, 2023: Acquired by Storegate for DKK 3,200,000.

Technological Platform and Innovation

Proprietary Technologies

RushFiles offers a Content Collaboration Platform (CCP) that enables flexible working practices, allowing teams to collaborate seamlessly regardless of time, location, or device. The platform ensures organizations retain visibility and full control over access, usage, and data on devices, securing sensitive information.

Significant Scientific Methods

The company utilizes advanced encryption protocols to ensure data security and compliance with regulations. Their solutions are developed for resellers to expand their portfolio, take advantage of competitive prices, and improve margins.

Leadership Team

Key Executives

Morten Klank: Founder of RushFiles.

Competitor Profile

Market Insights and Dynamics

The secure cloud storage and file-sharing market is highly competitive, with numerous players offering a range of solutions tailored to various business needs. The demand for secure and flexible content collaboration platforms continues to grow as organizations increasingly prioritize digital transformation and data security.

Competitor Analysis

RushFiles faces competition from several companies in the secure cloud storage and file-sharing sector:

Nasuni: A private company founded in 2008, operating in the cloud computing industry with 500-1,000 employees and $233.7 million in funding.

Resilio: Led by CEO Eric Klinker, Resilio is a competitor in the file-sharing space.

StorageCraft: Founded in 2003, StorageCraft competes in the cloud computing industry, generating significantly higher revenue compared to RushFiles.

Nextcloud: An open-source, on-premises solution offering file synchronization and collaboration tools, emphasizing security and privacy.

ownCloud: A self-hosted option for secure file synchronization and sharing, supporting various platforms and real-time collaboration.

Strategic Collaborations and Partnerships

RushFiles has established partnerships with various internet service providers, hosting companies, telecom operators, and software manufacturers to expand its market reach and enhance its service offerings.

Operational Insights

Strategic Considerations

RushFiles differentiates itself through its flexible deployment options (SaaS and on-premise), advanced security features, and focus on enabling seamless collaboration across devices and locations. These capabilities position the company to effectively compete in the secure cloud storage and file-sharing market.

Strategic Opportunities and Future Directions

Post-acquisition by Storegate, RushFiles has the opportunity to leverage combined resources to enhance its technological offerings, expand its market presence, and continue innovating in the secure cloud storage and file-sharing sector.