FileString secured $1.9 million from 23 different angel investors; the majority of the capital comes from the Bay area.
FileString is developing a file control platform. Let's say a document or presentation is sent to someone via email or any of the popular storage systems such as Dropbox or Google Drive. Once the person receives the file and downloads it, the sender loses control of the file, said President and CEO Kurt Higgins said.
That's the problem FileString intends to solve.
Using APIs from the major file-sharing platforms, FileString allows file owners to protect files, through watermarking, access restrictions and expiration. It allows them to track files to see who opens it and for how long it was open.
Read more at Portland Business Journal