TitanFile provides a web-based, enterprise-grade secure information-sharing and collaboration platform that enables professionals to exchange sensitive messages and large files from any device. Its platform emphasizes ease of use comparable to email while adding encryption and compliance controls (ISO 27001 and SOC 2 Type II). The company targets highly regulated industries such as legal, government, and financial services and positions its product to simplify workflows, improve productivity, and meet regulatory requirements. TitanFile plans to use new capital to scale sales and marketing initiatives and to accelerate its pipeline of new technology and products. The company was founded in 2011 and is based in Toronto. This financing represents the company’s first outside institutional capital. TitanFile is an online document-transfer startup based in Dartmouth, Nova Scotia, that offers an app allowing users to group contacts into real-time communication channels and drag-and-drop files into those channels from various file sources. The product works across multiple devices, including personal computers and tablets. Co-founded by CEO Milan Vrekic and CTO Tony Abou-Assaleh, a former Google engineer, the company intends to use new capital to advance its technology and expand into new markets. TitanFile raised $1.1M in funding from Innovacorp and members of the First Angel Network. The company is currently hiring. The funding was reported by FinSMEs on 11/10/2012.

Total raised

$1M

Funding rounds

2

Latest round

Equity

Latest activity

Oct 2012