New “Green” Cloud Storage Service by Start-Up Diomede

Diomede Corporation, a privately-funded cloud storage service provider, announced its newest version of Diomede Storage. The horizontal solution is feature-rich, triple-redundant, energy-efficient and saves users about 80 percent of the usual cost associated with storing large amounts of data offline.

Diomede Storage is five times less expensive than its leading brand name competitor and about 60 times more energy efficient than traditional storage systems, which are inherently huge consumers of energy. Diomede estimates that about 526 pounds of CO2 emissions are eliminated by moving just one terabyte of data from a service such as Amazon S3 to Diomede Storage.

                                  Price and Feature Comparison

Many technology, service provider and financial services companies are doing business ‘in the cloud’ and need to store and backup large amounts of data. Diomede recognized that the data storage options for these companies are cost prohibitive for larger data sets and provide most companies with one of two bad choices – pay too much or store their mass amounts of data in-house on their own devices.

"Our competitors are cheap to start, but very expensive when a company has to scale up its storage needs", said Steve Iverson, CEO for Diomede. "Plus we find our customers really like the fact that our storage solution doesn’t add to the global warming problem by using exorbitant amounts of energy and emitting harmful emissions like other storage solutions do."

The cost of Diomede Storage is $0.03/GB per month (including triple-redundancy) and is now available.

Diomede’s CEO, Steve Iverson, has been a technology entrepreneur for 10 years, starting his first company at the San Diego Technology Incubator. Diomede is Iverson’s third company since graduating college in 1998.