I trust a well-tested TLS implementation more than I trust whatever crypto I can manage to write myself.
Also, to provide the features ZumoDrive does, they have to have access to your unencrypted data - don't they? They aren't even attempting to keep your data safe from their server (and never claim to). It's not the trade-off I would chose for my company's production data (my company - Postabon - uses Tarsnap for that ;-)) - but it's perfectly valid for my low-sensitivity personal files (I use Dropbox for most of my personal stuff).
(Incidentally, as someone with active TS clearance who has written 'military grade' code currently deployed on JWICS, 'military grade' doesn't mean that much in terms of crypto - at least for the 'application level' stuff I worked on ...).