Former AOL executive Brad Garlinghouse will join cloud storage and file-sharing company YouSendIt as the new CEO, the company announced today.
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YouSendIt wants to be a major cloud storage player for businesses. But to do so, it will have to slug it out with Box, Egnyte, Accellion, and now Google with its Drive cloud storage product.
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“YouSendIt is a rare gem — it has quietly built the leading business in this space by focusing on execution,” Garlinghouse said in a statement. “Used within a whopping 98 percent of the Fortune 500 and with more than 30 million registered users — the company is well positioned to continue its dramatic growth. YouSendIt has already demonstrated a track record of solid financial growth. I’m proud to lead YouSendIt into this next phase.”
Campbell, Calif.-based YouSendIt currently has 585,000 paid subscribers out of its 30 million users. The company says it generated a record revenue in 2011, and that it was up 61 percent year-over-year.
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