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Symform logo — company profile

Symform

Founded 2007 United States Seattle, United States 11-50 employees Debt Financing Total: $19.70M Cloud Infrastructure, Computing +1

General Information

Company Name Symform
Founded Year 2007
Location United States Seattle, United States +1
Employees 11-50
Industries Cloud Infrastructure, Computing, Internet
Funding Stage Debt Financing
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About Symform

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.

Taxonomy: Cloud Storage, Distributed Network, Cost Effective Solutions, Disaster Recovery, Online Backup, Storage Solutions, Distributed Cloud Storage, Datacenter Bypass, Environmentally Friendly, High-Performing Storage, Global Data Network

Funding Rounds & Investors (6)

View All
Funding Stage Amount Investors Lead Investors Date
Debt Financing •••••• - 05 Jun 2014
Series B •••••• 4
Investor Investor Investor Investor
25 Apr 2012
Venture Round •••••• 3
Investor Investor Investor
24 Jan 2012
Venture Round •••••• - 15 Sep 2011
Venture Round •••••• 2
Investor Investor
01 Jul 2010

View All 6 Funding Rounds

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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 the following industries: Cloud Infrastructure, Computing, Internet.
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 Condo Protego, SDSE Networks, Inc., Nord Security, Current Technologies, Engage Black. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Symform and Condo Protego 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.

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