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Tresorit

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Tresorit

Tresorit is a cloud storage platform that offers functions for administration, storage, synchronization, and transfer of data using end-to-end encryption.

Founded in 2011, Tresorit closed an €11.5M Series B financing round in 2018 and was featured on FT1000 by the Financial Times 2020 as the fifth fastest-growing cybersecurity company in Europe. In 2021, Swiss Post Communications Services acquired a majority stake in the company to expand its digital product portfolio. Tresorit works as an independent entity under Swiss Post, which is now sole shareholder. The company has offices in Zurich, Switzerland; Munich, Germany; and Budapest, Hungary, employing about 100 people.

Tresorit was founded in 2011 by Istvan Lam, Szilveszter Szebeni and Gyorgy Szilagyi with the aim of providing a secure alternative to traditional cloud storage solutions. In the coming years, Andrea Skaliczki joined as CFO, Istvan Hartung as CTO. The company officially launched its client-side encrypted cloud storage service after emerging from its stealth beta version in April 2014.

In 2013 and 2014, Tresorit hosted a hacking contest offering $10,000 to anyone who hacked their data encryption methods to gain access to their servers. After some months, the reward was increased to $25,000 and later to $50,000, challenging experts from institutions like Harvard, Stanford or MIT. The contest ran for 468 days and according to the company, nobody was able to break the encryption.

In August 2015, Wuala (owned by LaCie and Seagate), a pioneer of secure cloud storage, announced it was closing its service after 7 years and recommended its users choose Tresorit as their secure cloud alternative.

In 2016, Tresorit launched its NGO initiative with the aim of improving the digital security of non-profits and has gained notable recognition within the sector where the protection of sensitive information is paramount. More than 500 teams (human rights defenders, environmental activists, teams working on education and research, and many others from all over the world) joined Tresorit’s NGO program since then.

In 2017, LogMeIn co-founder Márton Anka joined Tresorit as an investor and advisor.

In 2019, Tresorit reached the number of 100 employees, and Tresorit improved its governance feature set with e-mail verification and detailed user reports.

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