Investors include the Foundry Group, Morgan Stanley, and Softbank. Pogoplug can handle other types of media as well, but the general cloud storage business is highly competitive - Box, Dropbox, OneDrive, Google Drive - and that can present challenges to smaller providers with less money to pay for the necessary underlying infrastructure.Ĭloud Engines started in 2007 and is based in San Francisco. One potential competitive force in the recent past is Google Photos, which offers unlimited storage of photos and videos and has more than 200 million monthly active users. We are incredibly proud of the product that we created and of the users that supported us on this journey.” “The online storage landscape has changed significantly over this period, and Pogoplug Cloud is no longer a part of our long-term vision for Pogoplug. “Our hope is that everybody in the Bitcasa extended family – including our partners and end-users – feels as if they reaped some benefit, however small, from this remarkable and intense experience,” he wrote.“After 5 amazing years of building Pogoplug Cloud, it is time to say goodbye,” Cloud Engines said. Even so, Taptich seems to feel that Bitcasa did at least something right over the course of its lifetime, though it wasn’t clear precisely what. To cap it all off, the company failed miserably in its efforts to come up with a compelling cloud storage offer for its business customers, losing out to more capable rivals such as Box Inc. The company gave customers just 30 days to move their files or lose them forever, prompting outrage from disgruntled users on this Reddit thread. Then, in April 2015, the company irked customers a second time when it said it was killing off its consumer-focused Bitcasa Drive service so it could focus on serving business customers instead.
#Bitcasa shutting down full#
Strangely, it blamed both low demand and some customers for “abusing” the service by trying to take full advantage of the promised unlimited storage.
Despite that positive start, things quickly fell apart for Bitcasa, which was forced to announce back in 2014 that it was ending its unlimited storage plan. The five-year-old company began its life as a single-user platform offering unlimited cloud storage in 2011, getting lots of attention at a TechCrunch conference and raising about $21 million in venture capital funding in its first two years from Horizons Ventures, Pelion Venture Partners and others. The confusing circumstances of Bitcasa’s demise are perhaps a fitting end for a company that excelled at confusing its customers time and again.
had acquired Bitcasa for an undisclosed price. Adding to the confusion is the fact that Venturebeat last week reported that Intel Corp. But Taptich’s final message that the company is “no more” is nonetheless somewhat cryptic, as he says “this is not bad news.” He claims that the company has become “a part of something much, much bigger” that will allow it to “eliminate the storage and computing limitations of your connected devices, however small.” He neglected to provide any further details. has bailed out of the game for good, according to a blog post by ex-Chief Executive Officer Brian Taptich. Cloud storage firm Bitcasa bites the dust as it shuts down all servicesĬloud storage operator Bitcasa Inc.
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