Hightail

Hightail, Inc.

6.2% of portfolio as of 6/30/17

Hightail (formerly YouSendIt) offers online content collaboration tools that enable creative professionals to share, manage, and track feedback on video, graphic, print, image, and other creative content. The company's objective for its Hightail Spaces service is to replace email as the collaboration tool of choice for creative professionals. Hightail Spaces allows users to share content across PCs (Windows and Mac) and mobile devices, with native apps for both iOS and Android operating systems.

The market for online file storage and sharing has become commoditized in recent years, with major players including Microsoft, Google, Amazon, and Box competing primarily on the basis of price. Hightail has chosen to focus on the creative professional market segment, tailoring its service to the specific collaboration needs of designers, marketers, advertising agencies, and the like.

Headquartered in Campbell, California, Hightail currently employs approximately 100 people and serves more than 50 million users worldwide, including professionals at 98% of Fortune 500 companies.