Hive.im offers a social take on cloud storage, letting users browse and stream shared documents, photos and videos in a feed-like experience. The service operates on a freemium model, charging for features such as faster video playback and uncapped download/streaming speeds while monetizing free accounts with targeted advertising tied to social sign-ins. The company emphasizes privacy by not analyzing stored files for ads and hosting data in a DDoS-protected data center in Germany operated by investor Link11 GmbH. Hive.im came out of beta in October and plans to build its San Francisco team, scale the platform, and pursue mobile app development. It maintains offices in San Francisco, Hong Kong, and Croatia and says user numbers have been improving weekly, with key markets in APAC, the U.S., and Latin America.

Total raised

$1M

Funding rounds

1

Latest round

Seed

Latest activity

Dec 2014