doo.net raises US$10million dollar funding and launches open beta, automating file organization for all.
Germany-based doo.net, have just secured a series A funding, bringing in an investment total of US$10 million, allowing them to launch their open-beta yesterday. The round was led by Target Partners, who join DuMont Venture, e42 Ventures and prominent angel investors, including Lars Hinrichs, founder of Xing and HackFwd, and Professor Dr. Dres. h.c. Hermann Simon, the Simon-Kucher & Partners founder and chairman who’s been dubbed “the Peter Drucker of Europe.”
So what is doo.net? doo.net claims to be the first cloud-based service that collects documents from all sources, intelligently organizes and stores them in a single, secure place. You might ask, what differentiates doo.net with other cloud based storage services such as Google Drive and DropBox. Unlike its other competitors, with doo.net’s native Apps, documents will become self-organized and accessible on all relevant platforms in a readily available alternative to the paper document. They are easier than ever to find, work with, and share with family, friends and colleagues. “With doo.net, we remove clutter while helping you make sense of your documents,” says doo.net’s co-founder and CEO Frank Thelen.
According to the press release, doo.net automatically collects documents from your hard drive as well as from online services such as your email account or Google Docs. The documents are then automatically organized through intelligent algorithms that use text recognition to identify and assign keywords, which are attached to the documents as tags. Once tagged, doo.net organizes the documents by such tag categories as people, organization, place, and document type, making your documents a cinch to locate.
“The proliferation of Apps, devices and communications tools has exponentially increased the number of digital documents a consumer has to handle; and that doesn’t even take into account all the paper-based documents they are still managing,” said Olaf Jacobi, Partner at Target Partners and newly-appointed board member at doo.net. “With doo.net, there is now a single solution for organizing this important information. It is this market positioning, backed up by proven technology and an experienced team, that inspired us to invest in the company.”
The team has a solid experience backing them up. Founders Frank Thelen, Marc Sieberger and Alex Koch have a proven track record of creating disruptive businesses in industries with established, dominant companies and designing innovative products and services inspired by their own personal challenges. Thelen, a perpetual list maker who co-created the Wunderlist productivity management tool, came up with the idea of doo.net in response to his wife prodding him over the growing stacks of unpaid paper invoices collecting on his desk. His response: start a company that aimed to not only make paper documents a thing of the past, but one that organized and easily located and secured all of his documents.
The service launches its beta version with the Apps for OS X and Windows 8 Metro. Other Apps for iOS, Android and Windows will be available in the coming months. doo is free and available to everyone at www.doo.net. For cloud-based storage with backup and syncing, a “freemium”-pricing model applies. For more details: www.doo.net/pricing.
doo.net on Mac OSX
doo.net on Windows 8
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