Lockbox Raises $2.5 Million to Expand Secure File sharing Service

Lockbox, a provider of a secure file sharing service, announced that it has raised $2.5 million in seed funding that the company says will be used to expand the company and increase investment in sales and marketing.

Lockbox was founded in 2008 and enables businesses and consumers to exchange private and sensitive documents over the cloud through a file and folder encryption platform and cloud service.

The company says its technology leverages document-level encryption and client-side key management technology to ensure confidential documents remain secure and private.

Lockbox offers a Client Portal that allows information to be shared with multiple parties simultaneously, providing quick, easy, cost-effective, and most importantly, secure and private collaboration.

“We’re thrilled to have the enthusiasm of a number of sophisticated investors who share our vision of taking Lockbox to the next level and continuing to deliver a secure file sharing service that puts customers in control of their data,” said Peter Long, CEO of Lockbox. “Businesses that have stayed away from the cloud in the past are excited by the global opportunities that Lockbox technology has opened. The close of our seed round is another sign of our incredible momentum over the past few months – signing new partners, customers and expanding the business.”