YouSendIt Continues Industry Leadership Position by Handling Eight Million Users

CAMPBELL, Calif., Nov. 11 /PRNewswire/ -- YouSendIt today announced it has expanded its top position in the digital-delivery industry with the number of registered YouSendIt users now reaching eight million. The company also is nearing 100,000 paid subscription-based customers. In addition, YouSendIt has acquired more than 750 corporations and government agencies as subscription customers in the past year.

YouSendIt has been steadily adding more than 200,000 new users and delivering more than 10 million files from its three data centers in U.S. and U.K. every month. As users worldwide extend YouSendIt into their workplaces and recommend the service to others, YouSendIt's growth derives almost entirely from viral word-of-mouth.

YouSendIt's strategy of integrating secured and totally non-intrusive document delivery service into everyday business applications via plug-ins for Microsoft Outlook, Microsoft Office, Adobe Photoshop, Adobe Acrobat, Apple Final Cut Pro, iPhoto, Aperture and the YouSendIt Express desktop has contributed to increased adoption and the company's 300 percent year-over-year revenue growth.

Raising $24 million in venture funding in the past 18 months with the last $14 million round completed in July 2008, YouSendIt's stable cash position combined with rapid market share and revenue growth has allowed the company to fund new innovations and improve on document transformation, collaboration and content-management functionality.

Companies in various industries are adopting YouSendIt Corporate Suite, including Warnaco, AON, EMI Music, Responsys, the city of Seattle and Hartsfield-Jackson Atlanta International Airport. These businesses rely on YouSendIt to securely transfer information both internally and externally, thus speeding up many of their business-critical processes while lowering capital and operation expenses.

This year, YouSendIt was positioned in the Visionaries Quadrant of Gartner, Inc.'s Managed File Transfer Magic Quadrant.*

YouSendIt also has received a variety of industry accolades including a CNET 2008 Webware 100 award in the Utility & Security category; a Network Products Guide Product Innovation award in the SaaS category; a 2008-2009 "Who's Who" designation from the San Jose/Silicon Valley Business Journal; and a finalist standing for the Stevie Award in the Sixth Annual American Business Awards Best New Product - Computer Services category.

"Difficult economic times across the globe demand cost-efficient technology and business processes. YouSendIt offers companies a reliable and effective solution to shorten workflows without adding capital or operating expenses," said YouSendIt CEO Ivan Koon. "We will continue to develop secure and easy-to-use solutions that address changing business needs."

An important feature expansion during 2008 was YouSendIt's release of SiteDrop, an easy-to-use solution that enables people to receive large files of any type easily and securely through an embedded application on their own Web sites. SiteDrop can be integrated seamlessly into Web sites of businesses or individuals needing to receive files from customers, colleagues, partners or vendors.

YouSendIt continues to provide solutions that can be effortlessly integrated into the daily activities of business and creative professionals. For more information about these services and all other YouSendIt offerings, please visit http://www.yousendit.com.

About YouSendIt

YouSendIt is the number-one digital delivery company serving businesses, government agencies and individuals on the Web today. Eight million people trust YouSendIt to instantly and securely send, receive and track their valuable business content, everything from time-critical documents to important videos, graphics, photos and music. YouSendIt's technology platform provides developers and partners the resources for integrating YouSendIt services into the applications people use for creating or communicating. Integrating YouSendIt makes reliable, private, express delivery of digital content a routine part of people's daily life.

  • Gartner, Inc. "Magic Quadrant for Managed File Transfer" by L. Frank Kenney and James Lennard, June 23, 2008

The Magic Quadrant is copyrighted June 23, 2008 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

SOURCE YouSendIt

 
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