The Symform Story
A couple smart folks were thinking of starting a PC as a service business. In order to make the concept work they needed to store all the user data remotely for both security and easy upgrades. Unfortunately the idea became impossible to implement due to how insanely expensive cloud storage is, especially when compared to local storage where prices continuously go down. They realized the problem was that cloud providers use extremely inefficient centralized infrastructure to store stuff. At the same time most users had tons of excess local storage just going to waste. From there the original business was scrapped and the idea for a peer-to-peer cloud storage service was born.
In 2014 the Symform platform was acquired by Quantum Corporation, a leading provider of specialized data protection and scale-out storage solutions for capturing, sharing and preserving digital assets.
Read more about the Symform story.