Meanwhile Bitcasa had already discontinued the unlimited storage feature it began with as a startup back in 2011.īitcasa’s pitch now is to ‘make public cloud storage simple’ by offering a series of Cloud Storage Platform APIs and branded applications enabling developers to add file storage, access and sharing to their applications. Last year, for example, Google switched on a free and unlimited photo storage offering for consumers, applying more pricing pressure to an already fiercely competitive space. It’s now evidently rethought the value of offering even higher-priced consumer cloud storage - doubtless as a consequence of fierce competition in the space with tech giants including Google, Dropbox, Microsoft and Amazon all duking it out to onboard as many consumers as possible. Although it continued in the consumer space with more pricey storage plans. We have appreciated all of your support.īack in fall 2014 Bitcasa nixed its unlimited consumer cloud storage offering, and appeared to be shifting focus towards the b2b space even then. Thank you for being a Bitcasa Drive user. For more information, please visit our Help Center. We are discontinuing our Bitcasa Drive service in order to focus our full attention on our growing platform business.Īll account owners must take action to avoid losing their files. It confirmed the pivot out of consumer cloud storage in a very short blog post last last week, writing: PST on May 20, 2016, the company notes that all accounts and storage data will be permanently deleted. Users of the discontinued Bitcasa Drive cloud storage product have until May 20 to download their data. Pacific: Added comment from Intel.Bitcasa is pulling out of consumer cloud storage to focus on its platform business, giving users a month’s notice to move their data elsewhere - and providing the perennial reminder that if you don’t own the infrastructure your data is at the mercy of the entity that does. Other partners included Amazon Web Services (which provided storage for Bitcasa), Huawei, Samsung, and Tata. In 2015 storage giant SanDisk announced a deal with the startup. Investors include Andreessen Horowitz, CrunchFund, First Round Capital, Horizons Ventures, Pelion Venture Partners, and Samsung Ventures. “We remain optimistic that, before long (and though you may not realize it), Bitcasa’s technology will yet contribute significantly to fulfilling this mission,” Taptich wrote.īitcasa has raised at least $20 million in funding. Bitcasa engineers have started working in Intel’s New Technology Group (including the New Devices Group), which works on future initiatives, the source said. Previously Bitcasa provided backend storage services for Intel developers, according to Bitcasa’s website. It’s not clear what the chipmaker will do with Bitcasa’s team and technology. The startup killed its Drive cloud storage service last year its desktop and mobile apps are no longer available. Over the years, as it dealt with competition from bigger companies like Box, Dropbox, Google, and Microsoft, it stopped emphasizing “infinite” cloud storage for consumers and focused more on winning business from companies and individual developers, by offering white-label cloud storage services and application programming interfaces (APIs). “Bitcasa and its platform have become a part of something much, much bigger,” Bitcasa chief executive Brian Taptich wrote in the message on its website.Īfter this article was published, an Intel spokesperson told VentureBeat in an email that “Intel did not acquire Bitcasa.”īitcasa was founded in 2011 by former MasterCard and Mozy employees and was based most recently in San Mateo, California.
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