Space Monkey (company)
Industry | |
---|---|
Founded | 2011 |
Founders | Clint Gordon-Carroll, Alen Peacock |
Headquarters | , |
Key people | Clint Gordon-Carroll, Alen Peacock |
Products | 1TB drive |
Website | spacemonkey |
Space Monkey was a cloud storage company founded by Clint Gordon-Carroll and Alen Peacock in Utah in 2011.[1][2][3]
Space Monkey was a cloud storage service that allowed a consumer to put one terabyte of data on a Space Monkey-provided hard drive located on the customer's premises. The data were then backed up on other devices across Space Monkey's user network via a distributed cloud. The service claimed to prevent data loss due to failing hardware while allowing consumers access to their files anywhere in the world via the cloud.[4][5]
In September 2014, Vivint, a home automation company, acquired Space Monkey for an undisclosed amount.[1][6]
History
[edit]Space Monkey was founded by Clint Gordon-Carroll and Alen Peacock in 2011.[7] Gordon-Carroll and Peacock met while both working at Mozy in 2007.[8][9] A presentation by Peacock won the company first place as "Best New Startup" at the TechCrunch's Launch Festival in March 2012.[10]
Space Monkey raised $2.7 million of venture capital in a Series A round led by Google Ventures that same year.[11] The company went live in April 2013.[12] It raised $349,625–350% of its initial $100,000 goal–in a 2013 Kickstarter campaign.[13] At one time, Space Monkey was the world's largest peer-to-peer storage network.[14]
In September 2014, Vivint acquired Space Monkey for an undisclosed amount.[1] Although its use of Space Monkey technology was cited by Vivint as late as 2016,[15] as of 2024 Space Monkey has no website nor apparent public presence at Vivint, but it's technology lives on in the Vivint Smart Drive product which houses video data from cameras in customers' homes and powers Vivint's Playback feature.[16]
In 2019, after the Space Monkey founders had moved on to other pursuits, individuals inside of Vivint who had been associated with Space Monkey were able to spin the technology out into a separate company that was majority owned by Vivint. CrowdStorage continued to pursue the vision of selling storage services to compete with traditional cloud storage providers, and found some early success with partners. Eventually, CrowdStorage was acquired by Storj.io, where the Space Monkey IP now resides as a core part of Storj's platform.[17]
See also
[edit]References
[edit]- ^ a b c Aaron Tillery (10 September 2014). "Smart Home Company Vivint Just Bought Cloud Storage Startup Space Monkey". Forbes. Retrieved 4 February 2015.
- ^ Rafe Needleman (7 March 2012). "Dropbox rival Space Monkey puts 'cloud' in your house". Cnet. Retrieved 4 February 2015.
- ^ Alen Peacock (22 July 2013). "Alen Peacock: Finding that Magical Name". The Wall Street Journal. Retrieved 4 February 2015.
- ^ Sam Byford (8 March 2012). "Space Monkey: Dropbox meets BitTorrent for peer-to-peer cloud storage". The Verge. Retrieved 4 February 2015.
- ^ Anthony Ha (30 April 2015). "Space Monkey Founders Show Off Their P2P Storage System, Prepare for Kickstarter Campaign". TechCrunch. Retrieved 4 February 2015.
- ^ "Vivint buys Space Monkey". Enterprise Business Newspaper. 15 September 2014.
- ^ Jon Swartz (20 April 2013). "Space Monkey leaps into data-storage market". USA Today. Retrieved 4 February 2015.
- ^ Arik Hesseldahl. "Utah's Startup Scene Is Almost as Spectacular as ITs Fall Scenery". AllThingsD. Retrieved 4 February 2015.
- ^ Sean Ludwig (17 April 2013). "Space Monkey takes on Dropbox with clever $10/month 1TB backup hardward". Venture Beat. Retrieved 4 February 2015.
- ^ Anthony Ha (8 March 2012). "P2P Dropbox Competitor Space Monkey Wins Launch, Has Already Raised $750k". TechCrunch. Retrieved 4 February 2015.
- ^ Anthony Ha (11 July 2012). "P2P Storage Startup Space Monkey Raises $2.25M Led by Google Ventures and Venture51". TechCrunch. Retrieved 4 February 2015.
- ^ Matthew Lynley (17 April 2013). "What It's Like Raising $80,000 in a Day". The Wall Street Journal. Retrieved 4 February 2015.
- ^ Eric Griffith (26 April 2013). "Kickstarter Tech Project of the Week: Space Monkey". PC Mag. Retrieved 4 February 2015.
- ^ "Clint Gordon-Carroll of Vivint Smart Home Named a Utah Business Forty Under 40 Honoree". BusinessWire. 8 February 2016. Retrieved 8 February 2016.
- ^ "The Innovation behind Vivint's Cloud Storage". Vivint. 26 February 2016. Retrieved 5 July 2024.
- ^ "Vivint Smart Drive". Vivint.
- ^ "Taking the Distributed Cloud to New Heights". Storj. 30 October 2024. Retrieved 19 Dec 2024.