Chinese cloud storage service 115.com announced yesterday that it would close its public sharing service due to copyright infringement concerns. Founded in 2009, 115 used to be a fully open public file sharing platform. It’s available on Windows, iOS and Android and boasts more than 30 million users as of now.
As for funding, on top of the RMB 70 million invested by the founder Lai Linfeng himself, 115 also raised more than RMB 100 million in Series A round late last year. The service claimed that 1% of its total users are paid subscribers.
More and more cloud storage services stepped their toes into the market, some were backed by big guys like KingSoft, Baidu and even Huawei. For smaller players the competition is getting more and more ferocious.
Here is the announcement from 115.com:
To all 115 users:
Upon notification by the departments concerned, we decided to discontinue our public file sharing feature due to copyright infringement concern, effective immediately, and we’re truly sorry for that.
Since founded, 115 has always assumed better user experience to be the objective. We have been working very hard in development and customer service. Thank you so much for the support all along.
Meanwhile, we would love to inform everyone that a private social platform “115 Circle” has been launched and is in its beta testing now. It is an exciting private community based on 115 cloud storage platform, and will provide you with a safer and more effective way of sharing.
Remember 115 is always here, ready to serve you with better service.