YouSendIt Finds Acquisition Opportunity with Found
January 16, 2013
YouSendIt, a VC-backed developer of a cloud service for sending, sharing and signing documents, has acquired the file-sharing and collaboration platform Found. The deal provides an exit to New Enterprise Associates, which invested $1 million in Found through an early stage round. Founded in 2004, YouSendIt has raised $45.25 million in venture funding and generated $57 million in revenue last year.