P2P Dropbox Competitor Space Monkey Wins Launch, Has Already Raised $750K

posted on 09/03/2012 07:32 #cloud #storage #dropbox

http://techcrunch.com/2012/03/08/space-monkey-launch/

Space Monkey, on the other hand, wants to combine the benefits of local storage and the cloud. Customers get a 1 terabyte hard drive, which means you can always access your files without dealing with your Internet connection. At the same time, the drive is connected to a peer-to-peer network, and copies of your files are also distributed in chunks to other devices. (They’re encrypted for security purposes.) The network allows you to access your files remotely, and also provides a backup in case your local storage fails — the company says more than half the network would have to go down before files are lost.