Online Backup Start-Up ZumoDrive Closed Doors
OEM of HP for netbooks
By Jean Jacques Maleval | April 26, 2012 at 3:07 pmAfter several other online backup companies in a saturated market, Burlingame, CA-based ZumoDrive, an online backup provider with hybrid cloud storage solution, announced last April 16 that its service was closed.
The user’s data will remain available for download until June 1st, 2012. It will issue a pro-rated refund for the number of days customers have paid in advance.
The service, through Amazon, was free for 1GB with the possibility to extend to 500GB at $79.99 per month.
Wikipedia writes about its service:" Slow broadband connection speeds can make streaming large files, such as movies to mobile and other remote devices difficult."
ZumoDrive announced a partnership with Hewlett-Packard to power its CloudDrive for all HP Mini netbooks beginning in January 2010. But the company precises that the shutdown will not affect users of HP CloudDrive, HP Web Service Store Bundle, CruzSync, Toshiba App Place Bundle and ZumoCast service.
Zecter, Inc., founded in 2007, was behind ZumoDrive and raised $1 million in 2007 and then $1.5 million in December 2009 from Sherpalo Ventures LLC leading and joined by return backers Tandem Entrepreneurs and VeriFone CEO Douglas Bergeron.
One year later, Motorola Mobility has acquired ZumoDrive. Terms of the transaction were not disclosed.
ZumoDrive’s CEO David Zhao is a technologist who spent seven years building applications for the Web. Prior to Zecter, he developed applications and services at Amazon.
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ZumoDrive Raised $1.5 million in VC Funding
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