Symform, a Seatle company focused on cloud-based storage for the enterprise, has just taken $1.5m of venture financing according to Xconomy. The basic premise is that your data is stored on my computers, and mine on yours. Or more precisely, a very small portion of my data, super-encrypted, resides on the servers of many other customers. It’s redundant, secure and “in the cloud.”
Now you get to hear a familiar refrain of many entrepreneurial types… I had this idea over two years ago. I even tried to get some of my totally smart ex-colleagues from ODI to join me (this is a big-brain storage-oriented thing, after all). My concept has several differences, but the core idea of a cooperative shared storage cloud was there. Kudos to Symform for getting it done!
