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September 18, 2011 06:58 pm GMT
TechCrunch Disrupt finalist Bicasa, a new cloud storage provider, was met with a healthy dose of skepticismlast weekwhen it claimed to be able to provide "infinite storage." How does it do that? It can't do what it promises! That's not how encryption works! And so on. VC firm Andreessen Horowitz, along with First Round Capital, Pelion Venture Partners, and TechCrunch founder Michael Arrington's CrunchFund haveinvested $1.3 million in the technology, which seems to suggest there's valuable IP behind the startup's overly broad promises of cheap, infinite and secure storage.My initial review of the startup was generally positive because, by all descriptions, it's doing something innovative and new. While we raised a few general questions (does it slow you down?, will it scale?), it's hard to review something without going hands-on.For that matter, describing the way the technology works was perhaps overly simplified. For those of you with interest in deeper technical details, here they are (well, it's a start, at least...).
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/CPV4-LltjZA/
Finally! Bitcasa CEO Explains How The Encryption Works
TechCrunch Disrupt finalist Bicasa, a new cloud storage provider, was met with a healthy dose of skepticismlast weekwhen it claimed to be able to provide "infinite storage." How does it do that? It can't do what it promises! That's not how encryption works! And so on. VC firm Andreessen Horowitz, along with First Round Capital, Pelion Venture Partners, and TechCrunch founder Michael Arrington's CrunchFund haveinvested $1.3 million in the technology, which seems to suggest there's valuable IP behind the startup's overly broad promises of cheap, infinite and secure storage.My initial review of the startup was generally positive because, by all descriptions, it's doing something innovative and new. While we raised a few general questions (does it slow you down?, will it scale?), it's hard to review something without going hands-on.For that matter, describing the way the technology works was perhaps overly simplified. For those of you with interest in deeper technical details, here they are (well, it's a start, at least...).Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/CPV4-LltjZA/
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