3/5/2023 0 Comments Bitcasa infinite![]() Hopefully they will then transition to a paid-for Bitcasa plan. In June, Bitcasa did a deal with Samsung to give Samsung Windows 8.1 device customers 50GB of free cloud storage for two years. In this situation, giving away stuff for free doesn’t sound like a good idea in principle, not unless you do it as a bait-and-switch deal with a pretty guaranteed good outcome. When a $22m sprat is up against cash-engorged wannabe killer whales then it better get a superb niche marketing strategy to avoid getting smeared onto the ocean floor. This is an incredible disparity in funding. Dropbox has taken in $500.1m in three rounds with an additional $500m of debt financing, making $1.1bn in total, a trivial (sarcasm alert) 50 times more than Bitcasa.Box has taken in $564m, more than 25 times more, grown like topsy and still can’t run an IPO.In fact it’s a drop in the ocean of cloud file sync-'n'-share funding. ![]() What do you think about this announcement? Will unlimited storage always be too good to be true (ie an unsustainable business model).It was founded in 2011 and, after a two-part seed round and cash infusions in 20, has taken in about $22m in total funding. It is notable that Microsoft started offering unlimited (used to be 1TB) storage to Office 365 subscribers this week, and I wonder how long that will last and if they will run into many of the same problems Bitcasa did. At one point I even considered moving to the paid infinite tier, but at the new prices the amount of storage is no longer economical for personal use (>1TB). When the service first came out, I tried it out for awhile and it was decent. My free account is grandfathered into the 10GB limit. The process took about five minutes (including downloading my mirrored folders I no longer had access to on my home PC). Upon receiving the email from Bitcasa yesterday, I logged in and completed the transfer. Finally, streaming to Plex is not currently working with the new storage system, but a fix is being worked on. It is possible to move the mirrored folders after the transfer if you do not have access to the original PC(s), but you will have to recreate the mirrors using the applications when you want to keep them in sync again.Īlso, Bitcasa notes that iTunes payments for Bitcasa storage will no longer be accepted and Facebook and Twitter logins will not be allowed (you will create new a new login during the transfer process). Past version history on files will not be preserved post transfer and any mirrored folders will have to be recreated. There are some snags in the transfer process to be aware of though. Users wishing to stick with Bitcasa will need to transfer files over to the new storage system by the Novemdeadline. After the deadline, all files that have not been transferred or downloaded will be deleted permanently.īitcasa has put together a FAQ that explains the situation and how it will affect each of the account tiers on their website. Bitcasa has re-engineered the storage backend and is promising faster uploading, downloading, and streaming (over the web interface) of files. There is a bright side to the announcement, however. The alleged lack of demand coupled with violations of the company's Acceptable Use Policy were the final nails in the infinite storage coffin. Unfortunately, the unlimited storage space model was not sustainable despite heavily increased pricing several months ago.Īccording to Bitcasa, less than 0.5% of users stored more than 1TB while 0.1% of users used more than 10TB. Since then, the company has grown to store more than 40 Petabytes of user data. ![]() The company made its debut at the start of last year with an infinite storage product (Amazon S3 backend with custom applications and client side AES-256 convergent encryption). Bitcasa recently announced that, as of November 15, 2014, the company is discontinuing its "Infinite Drive" and will no longer be offering unlimited cloud storage space.
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