Oodrive, founded in 2000, is positioned as the European leader in sensitive-data management, offering cloud-based file-sharing, data protection and electronic signature solutions. The company serves customers facing growing needs for mobile, confidential and secure online corporate data sharing. Increasingly stringent French and European data-protection regulations have driven demand for Oodrive’s compliance-focused offerings. The group plans to expand by broadening its range of solutions, deepen its role as a trusted partner for clients in France and internationally, and pursue potential external growth opportunities. The business completed what the announcement calls the largest-ever fund-raising by a non-listed French software publisher, supported by a financing package of up to €65M. Following the transaction the three founders retain a majority stake in the company.

Total raised

$70M

Funding rounds

1

Latest round

Equity

Latest activity

Mar 2017