Friday, 16 March 2012

Now At 5.6M Users, Alfresco Takes On Dropbox With New Consumer Cloud, Eyes 2013 IPO

Screen shot 2012-03-13 at 5.31.20 PMYou may not have heard about Alfresco. As an open-source enterprise content management platform, the company is not exactly in the sexiest space. Not only that, but although it found some early buzz among open-source advocates, Alfresco has intentionally avoided a lot of press, choosing to fly under the radar. This is a bit surprising for a company that claims to be one of the largest open-source players out there, with 5.6 million users spread across 161,000 companies, and which saw just under $100 million in revenues in 2011. In fact, its growth has management eyeing a potential IPO in 2013 (if not before), and today, the company is pulling the trigger on a potentially big product: The Alfresco Cloud. As an enterprise-grade collaboration platform, Alfresco is turning downstream and getting into the consumer cloud game, with the hopes of nabbing some market share from Dropbox and Box.net.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/ITrZklcKhUY/

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