The service boasts instant access from any device and any data duplication is managed from the server side for the client. The service promised by Bitcasa sounds impressive, with a promise of 100% safe and secure data storage, unlimited storage, all at a low monthly cost (I swear I heard them say $10 a month) it really does sound too good to be true (or to sustain). So what about Bitcasa? The team is chasing the same VC market that is apparently drooling over DropBox – BTW, DropBox is rumored to be seeking a valuation in the Billions$$ (yes, Billions) and according to the judges at TCdisrupt, the VC crowds are more than anxious to send cash their way… lots of it! So naturally, the competition is gonna flock to Silicon Valley as well – enter Bitcasa. From the pitch at Disrupt… “It’s like a Flash player for data storage…”See
Investors in Bitcasa include Horizons Ventures, Pelion Venture Partners, First Round Capital, Samsung Ventures and Andreessen Horowitz.An interesting start-up was pitching this week at San Fran TC Disrupt event #tcdisrupt – enter Bitcasa – real time streaming and infinite data storage, a managed storage platform that boasts infinite data storage (at $10 per month) and a 100% guarantee. Bitcasa’s bet now is to help smaller brands battle those bigger entities instead. So tl dr, battling some of tech’s biggest brands in the consumer cloud space is a very tough ask. In one example of its new business focus, in fall last year it inked a licensing agreement with flash storage device maker SanDisk for the development of SanDisk-branded cloud storage solutions using its cloud storage platform - with Bitcasa CEO Brian Taptich taking the moment to talk up the potential for cloud storage to “ultimately become disaggregated, creating a huge opportunity for Bitcasa and our partners.” It says its platform business offers licensee companies infrastructure, applications, and administrative controls to support them to offer their own secure, branded cloud storage solutions. Meanwhile Bitcasa had already discontinued the unlimited storage feature it began with as a startup back in 2011.īitcasa’s pitch now is to ‘make public cloud storage simple’ by offering a series of Cloud Storage Platform APIs and branded applications enabling developers to add file storage, access and sharing to their applications. Last year, for example, Google switched on a free and unlimited photo storage offering for consumers, applying more pricing pressure to an already fiercely competitive space. It’s now evidently rethought the value of offering even higher-priced consumer cloud storage - doubtless as a consequence of fierce competition in the space with tech giants including Google, Dropbox, Microsoft and Amazon all duking it out to onboard as many consumers as possible. Although it continued in the consumer space with more pricey storage plans. We have appreciated all of your support.īack in fall 2014 Bitcasa nixed its unlimited consumer cloud storage offering, and appeared to be shifting focus towards the b2b space even then. Thank you for being a Bitcasa Drive user. For more information, please visit our Help Center. We are discontinuing our Bitcasa Drive service in order to focus our full attention on our growing platform business.Īll account owners must take action to avoid losing their files. It confirmed the pivot out of consumer cloud storage in a very short blog post last last week, writing: OnMyBlock pitch at the USD V2 Student Entrepreneurship Pitch Competition, 2013 (start at 41:30) Bitcasa pitch at Techcrunch Disrupt Startup Battlefield. Previous backer Pelion Venture Partners and new investor Horizons Ventures co-led the. PST on May 20, 2016, the company notes that all accounts and storage data will be permanently deleted. Bitcasa has landed 7 million in Series A funding. Users of the discontinued Bitcasa Drive cloud storage product have until May 20 to download their data. Bitcasa is pulling out of consumer cloud storage to focus on its platform business, giving users a month’s notice to move their data elsewhere - and providing the perennial reminder that if you don’t own the infrastructure your data is at the mercy of the entity that does.
0 kommentar(er)
