Symform

Symform

Founded 2007

Seattle, United States 11-50 employees Debt Financing Total: $19.70M Cloud Infrastructure, Computing +1

Symform is a groundbreaking startup that has introduced the Cloud Storage Network, a system where each user contributes excess local storage in exchange for valuable storage in a globally distributed cloud. This innovative approach enables the provision of affordable, secure, high-performing, and environmentally friendly cloud storage. What sets Symform apart is their ability to bypass the security risks and variable costs associated with maintaining traditional data centers, offering a solution that is both cost-effective and scalable. Founded in 2007 by two senior Microsoft engineers who questioned the steep prices of cloud storage compared to the low cost of local storage, Symform set out to address this discrepancy. Their solution lies in the development of the world's first distributed cloud storage network, effectively creating the world’s largest data center without actually constructing a physical data center. With their unique approach, Symform is revolutionizing the cloud storage landscape and paving the way for a new era where users pay with bytes instead of bucks for top-quality storage. In June 2014, the company secured a $200.00K Debt Financing investment, further empowering their vision. Located in the United States, Symform is positioned to make a significant impact on the cloud storage industry with its innovative and forward-thinking approach.

Funding Stage	Amount	Investors	Lead Investors	Date
Debt Financing	$200.00K	-		05 Jun 2014
Series B	$11.00M	4	Second Century Ventures, Longworth Venture Partners +2	25 Apr 2012
Venture Round	$2.00M	3	Longworth Venture Partners, OVP Venture Partners +1	24 Jan 2012
Venture Round	$1.00M	-		15 Sep 2011
Venture Round	$4.00M	2	Longworth Venture Partners, OVP Venture Partners	01 Jul 2010
Series A	$1.50M	1	OVP Venture Partners	27 Apr 2009

Funding Stage

Amount

Investors

Lead Investors

Date

Debt Financing

$200.00K

05 Jun 2014

Series B

$11.00M

Second Century Ventures, Longworth Venture Partners +2

25 Apr 2012

Venture Round

$2.00M

Longworth Venture Partners, OVP Venture Partners +1

24 Jan 2012

Venture Round

$1.00M

15 Sep 2011

Venture Round

$4.00M

Longworth Venture Partners, OVP Venture Partners

01 Jul 2010

Series A

$1.50M

OVP Venture Partners

27 Apr 2009

FAQ About Symform

In Symform’s revolutionary Cloud Storage Network, each user contributes excess local storage in exchange for valuable storage in our globally distributed cloud. We're able to provide the most affordable, secure, high-performing, and environmentally friendly cloud storage on the market because our ha...

Symform was founded in 2007.

Symform is headquartered in Seattle, United States.

Symform operates in Cloud Infrastructure, Computing and Internet. Its work centres on Cloud Storage, Distributed Network, Cost Effective Solutions and Disaster Recovery.

Symform has approximately 11-50 employees.

Symform has completed 6 funding rounds, raising a total of $19.70M. The latest funding stage is Debt Financing.

Top alternatives and competitors to Symform include Zetta, UKKOBOX, OnApp, OwnBackup, RAK4Cloud. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

Symform and Zetta are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

General Information

Discover More

About Symform

Funding Rounds & Investors (6)

Symform Alternatives & Competitors

FAQ About Symform