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BeInSync Unveils Professional Version of Its P2P Synchronization Software and Secures $3M in First Funding Round
[January 10, 2005]

BeInSync Unveils Professional Version of Its P2P Synchronization Software and Secures $3M in First Funding Round


TEL AVIV, Israel --(Business Wire)-- Jan. 10, 2005 -- BeInSync today announced the professional version of its secure, peer-to-peer synchronization software. BeInSync Pro 1.1 incorporates new functionality to improve the performance and enhance the usability of the software. The company has also announced it has secured $3 million in Series A funding to expand its sales and marketing into international markets.



BeInSync Pro 1.1 enables individuals, mobile professionals and small business users to synchronize, access and share data between multiple computers simply and easily. Tens of thousands of individuals, mobile professionals and small business users have adopted BeInSync to keep files and emails in sync while working from multiple PCs at work, at home and on the road. New features in BeInSync Pro 1.1 include friendly wizards for easy installation and data sharing, enhanced user notifications for improved usability and management of the software, and several performance improvements.

"We're offering a completely new approach to a key problem that many people struggle with every day. In contrast to previous approaches, such as remote access or virtual private networks (VPN) software, the software we developed operates completely automatically, thereby allowing users to completely forget about data access problems, and concentrate on work," said Tal Barnoach, CEO of BeInSync. "BeInSync Pro 1.1 marks an important step forward in the development of the software with new features that improve usability and flexibility to promote user satisfaction and strengthen adoption. The new round of funding will enable us to continue the development momentum and encourage further adoption in the U.S. and globally."


Eurofund and Aviv Venture Capital led the Series round. The company expects to increase the round to $5 million.

Availability and Pricing

BeInSync Pro Version 1.1 is immediately available for download on the BeInSync Web site at www.beinsync.com for an introductory price of $59.95 per year, which allows the users to install the software on up to three of the their computers. Users can download the software for a free 90-day trial. The free version of the software will remain available and will allow users to synchronize a fixed number of files per day.

ABOUT BEINSYNC

BeInSync is a provider of next-generation secure, private, peer-to-peer synchronization technology that maximizes productivity and data availability for individuals, business users and mobile professionals. BeInSync allows business users to free their mind from focusing on the access technology and to concentrate on their work, by ensuring their data is seamlessly available where and when they need it - at work, home or on the go. This is accomplished by networking disparate devices and automatically synchronizing the data between these devices, ensuring users can access and share their latest data no matter where and on which device data is located. For more information, visit http://www.beinsync.com.

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