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Unlimited Online Storage for $10/Month!

Promises start-up Bitcasa.

As one of seven finalists at TechCrunch Disrupt, Bitcasa, Inc. CEO and co-founder Tony Gauda took to the stage to introduce the world to Infinite Storage, a breakthrough in online data management.

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Bitcasa puts the limitless possibilities of the cloud into your hard drive, allowing users to store and access terabytes of data, from any device, and never worry about backup, availability, syncing, sharing or capacity. In the first 48 hours after the announcement, the company signed on more than 50,000 beta users for its service.

In a world more dependent on data than ever, Bitcasa is a departure from existing storage solutions, using predictive streaming and client-side encryption to give users super-fast, secure access to all of their files, regardless of size. In contrast to existing technologies that address only segments of the problem like syncing or sharing or backup, Bitcasa is an entirely new, complete solution for consumer data storage and management. With proprietary predictive streaming technology, Bitcasa knows what files users will want access based on habits and will keep them cached locally.

To make this happen, Gauda developed new technology that has made possible what previously seemed impossible: de-duplication and encryption co-existing without compromise.

Currently, Bitcasa has several patents pending around this technology.

In the meantime,
the key features available with Bitcasa include:

  • Unlimited storage: Through de-duplication algorithms and compression technology, Bitcasa is able to reduce the amount of storage space required on the server side, giving users the chance to obtain unlimited storage for only $10 a month. During the beta period, the service is free for those who sign up.
  • Simple integration: Bitcasa eliminates the need to backup or worry about completely replacing your hard drive when it runs out of room or fails. Instead of saving files locally, Bitcasa writes it all to the cloud, seamlessly integrating right into the computer’s operating system, so the user doesn’t have to do or learn anything new.
  • Predictive streaming: Bitcasa uses predictive streaming instead of traditional upload/download and intelligently caches files on the hard drive based on prior use, giving users access to their data faster. And instead of copying files to different locations, it’s all stored centrally in the cloud.
  • Safety first: Bitcasa’s infinite storage is paired with security via client-side encryption. Bitcasa encrypts user data before it is sent to the cloud, and therefore has zero visibility into user data.
  • Sharing large files: Bitcasa allows users to easily share files and folders with a URL link, no matter what the size. No downloading required, so size and bandwidth are not an issue.

"Data is your family photos, your music and movie libraries, your important documents — and more than ever, we are storing these precious files on our computers, laptops and mobile devices. But the fundamental problem isn’t being able to sync or share your data. While those are nice to do, they don’t solve the fundamental problem of the hard drive," said Tony Gauda, CEO and co-founder of Bitcasa. "By solving the problems that come with having finite and imperfect hard drives, Bitcasa remedies the root of the problem of instead of just adding a band-aid."

Bitcasa’s co-founders include infrastructure, security and community experts. CEO Tony Gauda is a veteran entrepreneur who built MasterCard’s anti-fraud protection systems; co-founder Kevin Blackham built, scaled and managed servers for Xmission and Mozy; and co-founder Joel Andren managed the customer loyalty program at VeriSign. The company is funded by Andreessen Horowitz, CrunchFund, First Round Capital, and Pelion Venture Partners.

"We want to manage the world’s data, and believe storage should be cloud-based and infinite," said Gauda. "The experience we’ve created at Bitcasa is safe, secure and easy to integrate into your daily life. It’s so seamless that you won’t know it’s there, and so safe that nobody but you has access to it."

Bitcasa is currently in a closed beta.

Comments

Do you believe that? The possibility to have unlimited storage - and why not a zettabyte or more? - for online backup, and with sync and sharing, for only $10 per month. It's like owning an apparently never broken infinite hard disk drive on the cloud for such a small price.

Frankly we are skeptical about the technology and the business model behind Bitcasa's offering.

We try to register for the service currently in beta but couldn't enter. Answer was: "Thank you for signing up for the Bitcasa beta. Space is extremely limited and you are at the back of the queue." See you later ...

The start-up based in Cincinnati, OH, is supposed to have around 20 patents - apparently not published - covering de-dupe, compression techniques and encryption. But with the best algorithms, you cannot divide by 200 on average your amount of miscellaneous data with any known technology. Maybe each user's files are compared to all the other ones stored by all the other customers, storing just one copy of everything. But, even it's 1,000, it's always an infinite number of data stored divided by 1,000, the result being the same infinite figure.

The 8-employee company was founded in 2011 by people from Mastercard, VeriSign and Mozy including Tony Gauda, Joel Andren and Kevin Blackham.

CEO Gauda also founded Grail Inc., in St. Louis, MO, in the enterprise SaaS market, worked for MasterCard on a near real-time fraud detection and management system, and was co-founder and CTO of PrivSystems, Inc., in SaaS rights managed encrypted email system for secure corporate communications.

Blackham has more experience in storage, being formerly senior manager of cloud network ops at VMware after being EMC Mozy's chief operations architect.

Bitcasa raised $1.3 million in seed funding, a modest sum compared to its "fantastic" technology, counting Andreeson Horowitz, First Round Capital, Pelion Venture Partners and CrunchFund as investors.

Its product could be officially launched in few months, first for OS X, then Windows.

Looking at the announcements below, which company will be the first one to offer unlimited online storage for $0. If it's possible to get it for $10, why not for nothing with few ads to pay for the service?

Read also:

$100 Annually for Unlimited Cloud Storage Offered by Symform
"Best value" for online backup

Cleversafe and Shutterfly Working Together
Providing free, unlimited, secure storage of photos

Start-Up GeopDrive to Offer Unlimited Secure Storage ($1,000/PC/Year for Server Edition)

Data sent to random computers in the cloud

CrashPlan Pro, Online Backup Service for SMBs
From Code 42 Software ($7.49/mo. unlimited storage for single computer)

Backblaze Welcoming Iron Mountain Customers
At $50/year per computer for unlimited storage

IDrive Online Backup Unlimited
At $49.50/year, but with some limitations

vzaar Rolls Out Unlimited Video Storage for Online Businesses
Priced at $399/month for 700GB playback bandwidth

WLC Technologies Launches Constant Vault
An unlimited online backup solution ($63.95 per year)

IDriveSync, Sync and Share App Powered By IDrive Online Backup

Adds Mac option to cloud sync application ($4.95/month for unlimited storage).

Unlimited Disk Space and Bandwidth by iClick Web Hosting
If you pay to host your web site.

SocialGO Offers Social Network Website With Unlimited Bandwidth and Storage

Premium at $25/month

Memeo Eases Media Sharing
With Memeo Share 3.0, unlimited storage at $4.95/month for premium version

Nexx Online With $10/First Year Web Hosting Promotion

Unlimited storage and bandwidth, and one free domain

Pro Softnet Introduces IDriveSync ($4.95/Month for Unlimited Storage)
Cloud sync and share service from the maker of IDrive online backup

Spare Backup and Comet Co-Brand Filesafe
Online storage service for £30 per year with unlimited capacity

Livedrive Launches Secure Online Backup Solution
At $69.50 per year with unlimited storage and bandwidth

McAfee Entering Into Secure - of Course - Online Backup
Unlimited capacity at $60/year, powered by Mozy 

Unlimited Storage by Mumboe
At $24/user/month

Dmailer Backup Version 2.6
With online backup service, at $69.99 a year for unlimited storage

Aress Software Launches Backupandshare
$49.95 for 10GB and $150 for unlimited online backup annually

Steek Backup To Save Files Online Continuously
€59 per year for unlimited storage

F-Secure Introduces Unlimited Online Backup
12-month license costs €59.

Mac Online Backup From Backblaze
At $5 per month for unlimited storage

MagicBackup at $25 Per Year for Unlimited Storage
New online backup pricing by Magic Softworks

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