FileCloud, a software and SaaS provider of enterprise file sharing and content collaboration platform, has selected Limerick for its its EMEA HQ and R&D Centre.

The company said it plans to recruit up to 50 people at the Munster base over the next three years.

Founded in Austin, Texas, FileCloud has operations in the US, Brazil, Dubai, India, and the Philippines, serving the enterprise content market for hyper-secure file and document sharing, collaboration, and data governance.

The company has over 3,000 enterprise customers and over 1 million users around the world.

In December 2021, FileCloud raised $30m in a  Series A funding round led by Savant Growth Fund LP, with participation from Kennet Partners. In addition, the company agreed a $10m growth capital facility with Avidbank.

In Association with

In tandem with the funding, FileCloud hired Ray Downes as CEO.

Downes, who hails from Limerick, previously led Kemp Technologies, a former portfolio company managed by Savant Growth. Kemp Technologies was acquired in November 2021 for $258m by Progress Software.

Kemp co-founder Peter Melerud was also recruited from Kemp for the role of FileCloud’s chief revenue officer.

Ray Downes said the company is delighted to choose Limerick as the location for its European HQ. 

“I started my own career in the locality, and I have had great experience with operating prior companies from the MidWest," said Downes.

"We see first-hand that there is an excellent ecosystem to fast-track growth plans with the support of the local business community and our IDA partners. We get access to the region's highly skilled technology focused talent and competitive cost base.”

Downes added that the new roles will be across the areas of Development, Operations & Support; Research & Development; Sales & Marketing and General Administrative Support.

To learn more about the career opportunities at FileCloud, visit the FileCloud careers page.

Madhan Kanagavel, founder, president and CTO of FileCloud, commented: “I am incredibly proud of our success bootstrapping the business to where it is today, and I can’t wait to begin this next phase of our journey."

Eric Filipek, managing partner and co-founder of Savant Growth, and now a FileCloud director, stated: “Our market research showed the content collaboration and secure file sharing space is evolving at an accelerating pace and has been in need of an innovative entrant like FileCloud to address the specific demands by enterprises around security, compliance and workflow automation.

“From the very first engagement with Madhan Kanagavel and his founding partners, we saw firsthand their passion and focus on solving complex customer challenges that resulted in FileCloud maturing into a unique, highly capable CCP platform.”

Photo: Ray Downes (second from left) with minister Niall Collins (second from right) and others. (Pic: Don MacMonagle)