Netherlands' WeTransfer, a cloud-based computer file transfer service provider, has collected 35 million euros ($38.8 million) in a Series B financing round.

Led by the growth equity firm HPE Growth, the latest funding round also had participation from existing backer Highland Europe.

With the new capital raised WeTransfer will emphasize on recruiting the best talent to develop its tools faster.

WeTransfer, with circa $4.4 million in revenue annually, has raised a total of $63.8 million in more than two funding rounds.