Vehera LTD which trades as Storage Made Easy (SME) has closed an additional $1 million second seed round funding.
The financing round was a private placement financing syndicated by IDJ Limited, a UK-based specialist advisor in international corporate finance and business services.
SME, the public and private cloud start-up for secure private enterprise file sharing and synchronization (EFSS), previously raised $1 million in its first seed round in December 2011. Total funding to-date now stands at around $2.5 million.
The cloud computing company plans to use the money for continued expansion of its sales team in the US, continental Europe and UK. The capital raised will be used to strengthen the sales team to sell its enterprise on-premise cloud Control offering. Unlike other vendor offerings the SME solution works with existing public and private data stores such as WebDav, FTP, SharePoint, Google Drive, Dropbox. Box, Salesforce unifying them into a single cloud file system and offering strong encryption and audit controls for all data.