I've been using this for a few months now since someone sent me the invite on their closed beta (which has since opened up).īasically it's something like a DropBox or Google Drive which boasts infinite storage. Just a little while ago VentureBeat published a story claiming that Intel had acquired Bitcasa, a cloud storage company that had shut down operations last. We can be your trusted construction and development partner for works required after purchase. Whatever that future is, it does not include an acquisition by chip giant Intel. Bitcasa and Offchain.city have developed more than 300m of Real Estate in Portugal. and Dropbox Inc.Įven so, Taptich seems to feel that Bitcasa did at least something right over the course of its lifetime, though it wasn’t clear precisely what. “Our hope is that everybody in the Bitcasa extended family – including our partners and end-users – feels as if they reaped some benefit, however small, from this remarkable and intense experience,” he wrote.Hey folks, I'm really surprised that a search for "Bitcasa" on the forums yielded zero results. Cloud storage startup Bitcasa is no more, according to a post by former. To cap it all off, the company failed miserably in its efforts to come up with a compelling cloud storage offer for its business customers, losing out to more capable rivals such as Box Inc. Built in checksums, multiple acquisition points, resuming and built for speed. The company gave customers just 30 days to move their files or lose them forever, prompting outrage from disgruntled users on this Reddit thread. Hey folks, Im really surprised that a search for Bitcasa on the forums.
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Just a little while ago VentureBeat published a story claiming that Intel had acquired Bitcasa, a cloud storage company. corporate strategy, strategic alliances, and mergers and acquisitions. Then, in April 2015, the company irked customers a second time when it said it was killing off its consumer-focused Bitcasa Drive service so it could focus on serving business customers instead. CES seems to be making some bloggers a little trigger happy with posting. Summly, Affectiva, Bitcasa, Fixmo, DoubleTwist, Ginger, Desti and Magisto.
#BITCASA ACQUISITION FULL#
Strangely, it blamed both low demand and some customers for “abusing” the service by trying to take full advantage of the promised unlimited storage. Bitcasa, which three years ago tried to sell the idea of infinite storage in the cloud for 10 per month, is killing its entire cloud storage business to. The five-year-old company began its life as a single-user platform offering unlimited cloud storage in 2011, getting lots of attention at a TechCrunch conference and raising about $21 million in venture capital funding in its first two years from Horizons Ventures, Pelion Venture Partners and others.ĭespite that positive start, things quickly fell apart for Bitcasa, which was forced to announce back in 2014 that it was ending its unlimited storage plan. Patent 9253166, which combines their industry-leading security.
![bitcasa acquisition bitcasa acquisition](https://i.pinimg.com/originals/8a/7c/f8/8a7cf8af305d6a65eeb1c626a8438180.png)
Bitcasa gets an early start on IP acquisition, Startups and IP Strategy. Bitcasa, the cloud drive for the device economy, today announced that the United States Patent and Trademark Office has issued U.S. The confusing circumstances of Bitcasa’s demise are perhaps a fitting end for a company that excelled at confusing its customers time and again. Talent Management and Talent Acquisition Autonomous and Electric Vehicles Innovation Center Valeo Vice President of People and Places Bitcasa. was an American cloud storage company founded in 2011 in St. Bitcasa is an exciting cloud startup because unlike players like Dropbox, Box, SugarSync, or Google Drive, its storage solution goes beyond syncing files across machines.
![bitcasa acquisition bitcasa acquisition](http://www.startupsip.com/wp-content/uploads/2011/09/bitcasa_logo-300x134.jpeg)
had acquired Bitcasa for an undisclosed price. has bailed out of the game for good, according to a blog post by ex-Chief Executive Officer Brian Taptich.īut Taptich’s final message that the company is “no more” is nonetheless somewhat cryptic, as he says “this is not bad news.” He claims that the company has become “a part of something much, much bigger” that will allow it to “eliminate the storage and computing limitations of your connected devices, however small.” He neglected to provide any further details.Īdding to the confusion is the fact that Venturebeat last week reported that Intel Corp. Bitcasa BitcasaMilestones (37) BitcasaLinks (7) BitcasaCompetitors BitcasaRelated Companies BitcasaFunding BitcasaInvestments/Acquisitions BitcasaPress. A Device is any computer used to access the Bitcasa Service, including without limitation a desktop, laptop, mobile phone, tablet, or other consumer.