By January 10, 2013 Read More →

Dropmyemail inks Japan pact, raises funds from GMO Cloud

Singapore-headquartered email backup solutions startup Dropmyemail has inked an extensive partnership with GMO Cloud KK, part of Japan’s all-in Internet services conglomerate, GMO Internet Group, to expand the presence of its solution in Japan. The strategic alliance will also see GMO Cloud invest capital in Dropmyemail, resell Dropmyemail to its hosting customers and jointly develop a Dropmyemail smartphone application. GMO Cloud will first invest in Dropmyemail by taking part in a convertible note round of funding. Details of the transaction have not been disclosed.

“We are confident that the partnership will create new opportunities to introduce new and innovative services,” GMO Cloud president Mitsuru Aoyama said in a press release issued by Dropmyemail today. GMO Cloud KK is a full-service IT infrastructure provider focused on cloud solutions. Established as a hosting company in 1996, the company has managed servers for more than 130,000 businesses and now has 6,000 sales partners throughout Japan. In February of 2011, the company launched GMO Cloud to enhance its focus on cloud-based solutions.

Dropmyemail was founded in early 2012 by South African-born and Singapore-based serial entrepreneur John Fearon. It is a cloud-to-cloud backup solution for emails, a freemium consumer service that allows users to backup emails, contacts, chat and calendars automatically. The solution works with almost all platforms, including Yahoo Mail, Hotmail, Gmail, Exchange and Enterprise. It currently backs up a quarter of a billion emails a day for nearly a million users.

Under the terms of the partnership with GMO, Dropmyemail will move its storage to GMO Cloud’s cloud platform and utilize its GlobalSign’s SSL (secure socket layer). Having GMO Cloud host the data will reduce the current expediture for Dropmyemail and keep the data even more secure, while GMO Cloud gains a new client with fast growing data storage needs. The next few months will see Dropmyemail aggressively hire to grow the Japan office, which is currently headed up by country manager Yu Shinohara. Besides GMO Cloud, it is also in talks with other companies to create unique partnerships to further entrench itself in the Japanese market. The targets will range widely from ISPs (Internet Service Providers) to mobile companies.

Image credit: Dropmyemail

Posted in: News