Start-Up Symform Debuts Its First – Remarkable – Product

Symform, Inc., a developer of online storage services for disaster recovery, announced the availability of its first product. The Symform Cooperative Storage Cloud enables small businesses to implement a backup and disaster recovery solution that is more secure and ten times cheaper than traditional online backup services. Symform has been chosen to debut at the DEMOfall 09 Conference in San Diego.

Symform was founded on the realization that millions of small businesses have computers with an excess of inexpensive storage capacity, power running 24×7, and unlimited Internet bandwidth – especially nights and weekends. The Symform team has developed software that aggregates this relatively unreliable and untrusted capacity over the Internet and transforms it into a secure and reliable global storage system. The heart of Symform’s software is a proprietary technology called RAID-96.

“Symform is simply a better way for small businesses to implement and maintain an off-site backup for disaster recovery,” said Praerit Garg, CEO and co-founder of Symform. “We know that most small businesses have no disaster recovery plan due to the high costs of online services and the hassle of manual tape systems. Subsequently, 70% close their doors in the first year following a catastrophic data loss. This scary statistic is unacceptable and it really motivated us to build and deliver a solution that is easy to implement and affordable for every small business.”

Symform has developed a reseller channel of 300+ IT Service Providers worldwide to deliver its products. “Symform is a no-brainer solution for IT Service Providers in the SMB space,” said Mark Crall, CEO of Charlotte Tech Care Team. “We can now deliver a secure and affordable off-site backup solution for small businesses who can’t justify current market prices that range from $0.50 to $4.00 per GB.”

“We love to introduce disruptive technologies like Symform at the DEMO Conference,” said Chris Shipley, Executive Producer of the DEMO conferences. “Symform is addressing data protection in a very inventive way. I think that small businesses and resellers will respond positively.”

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Cloud Storage Start-Up Symform Completes $1.5 Million Series A Financing
Its Cooperative Storage Cloud enables MSPs to utilize the existing capacity at their customer sites to extend on-site backup solutions.