Atomico, the venture capital firm founded by Skype founder Niklas Zennström, has invested 350,000 euros in Denmark-based Ge.tt, which offers an eponymous Web-based file sharing service.
Ge.tt is simple, clean, and useful. Like many file-sharing services, Ge.tt makes it easy for people to shoot files to the cloud so they can be shared with others, all from a browser-based application.
Since launching in November 2010, Ge.tt has attracted 425,000 users.
The service is free for registered users up to 2 GB of storage, and users without an account get 250 MB for free. Today, Ge.tt is also introducing a paid version for more storage, from $5 per month (5 GB) to $20 per month (100 GB).
Ge.tt currently employs four developers (including the two founders, Tobias Baunbæk and Mathias Buus Madsen) and a designer, and the company says the funding will allow them to make new hires.
How the investment came about is a fairly interesting story. Mattias Ljungman, one of Atomico’s partner, was recently a judge at an entrepreneurship competition organized by Venture Cup in Denmark, which was won by Ge.tt (netting them 6,700 euros).
This led to a small seed investment, and then a later investment, together totaling 350,000 euros.
Also read: Atomico Invests $4.2M In 6Wunderkinder: German Name, Global Ambitions