It is a secure managed file transfer using servers that allow exchange of large and sensitive data files. Good for sharing data in various kinds of files like spreadsheets, reports and software. The best part is the secure transfer using the managed servers as one does not have to worry about managing firewall ports to keep secure access. Data also gets encrypted on managed servers (at rest) and also during the transfer process (in flight).
Room for Improvement:
Compressed data not managed very well. The reason for this is that the encryption logic does not work very well with the data that has been compressed using standard compression tools like zip, rar and gzip.
Makes sense for companies with large scale data sharing and transfer needs. With minimal setup one can establish secure file sharing and transfer access.