Social Cloud Storage Platform Hive.im Raises $500,000 In Seed Funding

TechCrunch

The cloud storage business is already crowded, with leading competitors including Dropbox, Google Drive, iCloud, Box, and OneDrive. Hive.im, which just came out of beta, is one of the latest entrants in the space, but it hopes to stand out by turning cloud storage into a social experience. In other words, you can share documents, videos, photos, and other files with other Hive.im users and explore their content without having to download anything, like a combination of Flickr, YouTube, and Scribd.

The company announced today that it has raised $500,000 in seed funding from Bigcolors, German IT infrastructure company Link11 GmbH, and private angel investors.

The capital will be used to build Hive.im’s team in San Francisco (it also has offices in Hong Kong and Croatia), scale up its platform, and find strategic partners for mobile app development.

Hive.im, which had its beta launch in October, uses a freemium…

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