![]() pCloud provides companies with military-level client-side encryption products to protect sensitive corporate data. The cloud storage provider also will use the new funding to advance into the enterprise sector. Over the past six months, pCloud has doubled its user base and now boasts more than two million registered users worldwide and ranked by CNET as one of the best cloud services for data backup. Our investors are making this a reality.” “We have a solid client base in Europe and Asia, and we’re eager to expand to new markets. ![]() ![]() “The cloud storage space is highly competitive right now, and this financial backing gives us some security to take bigger steps,” Zafer said. According to Tunio Zafer, CEO of pCloud, the investment will help scale the platform into the key markets they’ve been aiming for. PCloud plans to expand its partnership network and build representative offices in Western Europe, the United States and selected emerging markets. This is the first time pCloud has received funding of any kind, and this round is supported entirely by private investors with strong IT background.
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