HomeDenmark-StartupsDanish file transfer startup Ge.tt lands €350K from Atomico

Danish file transfer startup Ge.tt lands €350K from Atomico

Ge.tt, a simple browser-based file transfer service out of Denmark today announced a €350K investment from Atomico, the venture capital firm created by Skype’s founder Niklas Zennström (Update – February 2023: The startup seems to be no longer in business under this name and we therefore deactivated the link).

The funding round followed an entrepreneurship competition organised by Venture Cup in Denmark, which the startup won. Mattias Ljungman, Partner at Atomico, was serving as a judge in the competition, which led to an initial small seed investment, and then a later investment, together totaling around €350K.

Ge.tt was founded in October 2010 and aims to become the easiest-to-use file transfer service in the world. Rather than use email, which can be difficult when it comes to large files, users can use Ge.tt to store and transfer files easily to as many recipients as they choose. Ge.tt also provides users with a nice stepping stone to the benefits of cloud computing. Files can be downloaded while they are being uploaded, making it easy for users to easily copy a link to the file, or send as an email directly from Ge.tt. There is no need to sign up, or install any software, making it as simple and as fast as possible.

The investment will allow Ge.tt to grow further, for example by making new hires. The team now consists of four developers, including the two founders, and a designer. It recently released an API that allows developers to create plugins for Ge.tt, or use it in their own applications.

Ge.tt is also announcing changes to its customer offering. Since there were quite a few users who wanted long-term storage, it is now possible to store files as long as the lifetime of an account. To make the business sustainable, however, storage limits are being introduced. Those customers that require larger amounts of storage, such as professional users, will from now on pay a small fee. This will hopefully help provide a long-term future for Ge.tt, which has been used by more than 425,000 people across the world since launching in November 2010.

The new usage tiers for Ge.tt are simple: without an account, users get 250MB of storage, but by spending just a few seconds creating an account, users get 2GB of free storage. For users that want more storage, small tiered fees will be introduced: for $5 a month they get 5GB, for $10 they get 40GB, and for $20 they get 100GB.

Tobias Baunbæk, CEO and co-founder of Ge.tt, stated: “Both the investment we have received, and the introduction of our premium service will help Ge.tt continue to serve our growing number of users across the world. We set out to make file transfer simple and easy, and today’s announcements will help it stay that way.”

Ge.tt, which is headquartered in Copenhagen, was founded by Tobias Baunbæk and Mathias Buus Madsen, who came up with the idea while studying computer science at Aarhus University. They often needed to share files with their classmates, spanning many people across different platforms, and often resorted to using USB sticks. Although there were file-transfer services available, none suited their needs: they required signups and installation, and also no streaming was also a factor weighing in. They realised that a combination of streaming technologies and an intelligent queuing system would make for a much faster and simpler technology, and that this could be done in a browser, with no software installation. They created a prototype, entered the Danish startup competition Venture Cup, and won €6.7K. This bootstrapped the company, and the founders left university to focus full time on it.

To give the service an advantage in the file-transfer market, the team developed a new technology that makes transfer much faster, and combined it with a clean interface to make the experience as easy as possible.

To find out more about the browser-based transfer service, please watch the following video:

By the way: You can find out about other interesting startups from Denmark in this list

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Thomas Ohr
Thomas Ohr
Thomas Ohr is the "Editor in Chief" of EU-Startups.com and started the blog in October 2010. He is excited about Europe's future, passionate about new business ideas and lives in Barcelona (Spain).
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1 COMMENT

  1. another disadvantage to have 3 or 4 co-funders I think is hgheir amount of time that you need to discuss company issues.there is a biological example for it. our genetic system composed of 4 letters. you can ask why it isn`t consists of 1 (to have a lesser energy expediture to produce letters) or why it isn`t consists of 20 letters (so we could get hgheir information)the reason for not being is somehow obvious (genetic system could not transmit enough massage with only one letter, because the combination of these letters could generate different meanings)but the reason for not being 20, because for a system like cell, it is very energy consuming process and time consuming process to deal with hgheir numbers alphabets.in fact there are reasons and mathematical models to show why nature have chosen exactly 4 letters for genetic system which I can give reference for those who want to read it.

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