June 17, 2015

Cover Story

CEO of the Year

Utah’s business landscape is rich with professionals who have le...Read More

Featured Articles

Did you go Skiing this winter?

Around Utah


Martin Plaehn

Karen Sendelback

Legal Briefs
Social Media and Employers: Friends or Enemies?

Money Talk
The Case for HSAs

Economic Insight
Time to Show Up

Lessons Learned
Make a Move

In the Lab

Rent to Own

Business Trends
Back from the Dead

Living Well
Artful Inspiration

A Breath of Fresh Air

Worst-Case Scenario

Regional Report
Northern Utah

Measure Up

Industry Outlook
Travel & Tourism



eFIleCabinet Secures $14M Series B Round, Enables Businesses to Go Paperless

Press Release

June 17, 2015

LehieFileCabinet, Inc., the paperless document management company, has secured a $14M Series B funding round led by Palo Alto-based Allegis Capital and Salt Lake’s Signal Peak Ventures. The Series B funding round brings eFileCabinet total funding secured to $15M.

 eFileCabinet’s 153,000 users include SMBs and enterprises in the accounting, financial services, insurance, medical and small government verticals. The company plans to invest funding into sales and marketing efforts, as well as strategic partnership and OEM opportunities.

 “Companies across the board are adopting paperless solutions,” said Allegis Capital Managing Director Spencer Tall. “eFileCabinet provides a one-stop solution that lets businesses easily go paperless in a secure, compliant and affordable fashion. The fact that eFileCabinet’s growth history is so impressive along with a platform that is scalable from SMB to enterprise made this a very attractive investment.”

 Available both on the cloud and on-premise, eFileCabinet automates the process of organizing and managing files. It acts as a central repository for all working and archived files, letting users securely manage, retain, route and share files. eFileCabinet is compliant with HIPAA, SEC/FINRA and FERPA, and integrates with office software including Salesforce, Microsoft Office and QuickBooks.

 “Companies going paperless want to do more than simply place files in the cloud,” said Signal Peak Ventures Managing Director Ron Heinz. “eFileCabinet lets businesses choose from a suite of affordable, integrated services and software to put together a complete document management workflow. Users have no reason to look elsewhere—and that’s what makes eFileCabinet such a strong investment.”

 “We’ve already seen incredible market traction across several verticals, and we couldn’t think of better partners than Allegis and Signal Peak to help take us to the next level,” said eFileCabinet President and CEO Matt Peterson.

Utah Business Social
UB Events View All
Community Events View All

info@utahbusiness.com  |  90 South 400 West, Ste 650 Salt Lake City, Utah 84101   |  (801) 568-0114

Advertise with Utah Business

Submit an Event

* indicates required information
* Event Name:
Price (general):
Website (if applicable):
Coordinator's Name:
Coordinator's Email:
Coordinator's Phone:
Venue Name:
Venue Address:
Venue City:
Venue Zip:
Event Capacity:
* Event Description: