Symform Upgrades 200GB Free Cloud Storage Offering
If contribution to network
This is a Press Release edited by StorageNewsletter.com on April 25, 2012 at 3:41 pmSymform, Inc. announced an update to its 200GB free cloud storage offering.
All business users receive 10GB of free cloud storage immediately upon downloading the Symform software, and can receive up to 200GB of free cloud storage with contribution to the network. As a peer-to-peer network for cloud storage and backup, Symform is able to provide its customers a large amount of free cloud storage and low flat fee pricing.
While many cloud providers are now offering two to 10GB free, Symform is the only service to offer up to 200GB. Plus, users can go beyond 200GB by inviting friends and colleagues to join the network. For each invited friend that joins the Symform Network, the user receives an additional 10GB of cloud storage. At any time, users can upgrade to a paid account to receive unlimited cloud storage for a monthly fee starting at just $3.50 per user.
"We continue to disrupt this market with revolutionary economics and by making cloud storage and backup easier, more secure and faster," said Praerit Garg, co-founder and president of Symform. "This is why our network is growing at a record pace, with users in 46 countries and billions of data fragments securely stored in the network."
Unlike traditional data center-based storage, Symform has no expensive, centralized infrastructure, but leverages excess local disk space nodes contributed by customers to its peer-to-peer global network. Users contribute an equal amount of local storage to the Symform Network in exchange for free cloud storage. Before any data leaves the source device, it divides the data, encrypts it with military-grade encryption and key management, further subdivides the encrypted data into fragments, adds redundancy, and then distributes the fragments across the global network.
Industry experts have validated that this approach is far more secure than traditional storage methods. Local contribution devices store encrypted fragments from other network members with no degradation or threat to their system or privacy.