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Current round: $8.1mm in Series C by S3 Ventures (lead), Adams Capital Mgmt, Triangle Peak Partners. Competition: Pingg, MyPunchbowl, TinyPrints , PaperlessPost. Competition: Apple iPhone App Store Genius. Founded in 1999 in Austin, Texas. Brought in new CEO, Russ Reeder in 2008. Competitors: SmashWords , Google Books.
They started by offering cloud storage (S3) on a super cheap, pay-as-you consume basis. That said, Amazon – through AWS – even without strong competition is as wonderful an experience as Amazon the eCommerce retailer feels to you as an online shopper. They came from a different perspective. I find this strange.
Cloud storage is a competitive market, with dozens of cloud storage providers hoping to gain a big chunk of the market. We''re not using third party services such as Amazon S3, which just adds to your cost. We recently launched Idrive Sync, which performs better than Dropbox, and is very competitive in pricing.
One, the Executive Office of the President (EOP) has an office called the Office of Science and Technology Policy, or OSTP, which heads up the American Competitiveness Initiative (ACI) ( [link] ). Innovation is the heart of national competitiveness. There are numerous other examples.) But you have to be involved as well.
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