M-Files Completes $7.7M Series A

M-Files, a developer of cloud, on-premise and hybrid enterprise content management solutions, has raised $7.7 million in a Series A round of financing led by DFJ Esprit, with participation from Finnish Industry Investment. With offices in Tampere, Finland and Austin, TX, M-Files aims to change how businesses manage, secure and share information, using a metadata-driven approach that organizes and processes content based on what it is, rather than where it resides. The new capital will accelerate the company’s growth plans in the U.S. market and bolster its sales and marketing footprint, while also deepening its focus on compliance in select vertical industries.

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