Space Monkey (company)

Space Monkey
Industry
Founded 2011
Founders Clint Gordon-Carroll, Alen Peacock
Headquarters Midvale, Utah, United States
Key people
 Clint Gordon-Carroll, Alen Peacock
Products 1TB drive
Website spacemonkey.com

Space Monkey is a cloud storage company founded by Clint Gordon-Carroll and Alen Peacock in 2011.[1][2][3] Space Monkey created a cloud storage service that puts consumer data both on a hard drive located in the home and backed up on other devices. The company's user network is distributed through the cloud. The service prevents data loss due to failing hardware while allowing consumers to access their files any where 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

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] In September 2014, Vivint acquired Space Monkey for an undisclosed amount.[1]

As of February 2016, Space Monkey is the world's largest peer-to-peer storage network.[14]

Operations

Space Monkey has a cloud storage service that allows a consumer to put 1-terabyte of data on a hard drive located on-premises. The data is then backed up on other devices across Space Monkey’s user network via a distributed cloud. The service prevents data loss due to failing hardware while allowing consumers access to their files any where in the world via the cloud.[4][5]

See also

References

  1. 1 2 3 Aaron Tillery (10 September 2014). "Smart Home Company Vivint Just Bought Cloud Storage Startup Space Monkey". Forbes. Retrieved 4 February 2015.
  2. ↑ Rafe Needleman (7 March 2012). "Dropbox rival Space Monkey puts 'cloud' in your house". Cnet. Retrieved 4 February 2015.
  3. ↑ Alen Peacock (22 July 2013). "Alen Peacock: Finding that Magical Name". The Wall Street Journal. Retrieved 4 February 2015.
  4. 1 2 Sam Byford (8 March 2012). "Space Monkey: Dropbox meets BitTorrent for peer-to-peer cloud storage". The Verge. Retrieved 4 February 2015.
  5. 1 2 Anthony Ha (30 April 2015). "Space Monkey Founders Show Off Their P2P Storage System, Prepare for Kickstarter Campaign". TechCrunch. Retrieved 4 February 2015.
  6. ↑ "Vivint buys Space Monkey". Enterprise Business Newspaper. 15 September 2014.
  7. ↑ Jon Swartz (20 April 2013). "Space Monkey leaps into data-storage market". USA Today. Retrieved 4 February 2015.
  8. ↑ Arik Hesseldahl. "Utah's Startup Scene Is Almost as Spectacular as ITs Fall Scenery". AllThingsD. Retrieved 4 February 2015.
  9. ↑ Sean Ludwig (17 April 2013). "Space Monkey takes on Dropbox with clever $10/month 1TB backup hardward". Venture Beat. Retrieved 4 February 2015.
  10. ↑ Anthony Ha (8 March 2012). "P2P Dropbox Competitor Space Monkey Wins Launch, Has Already Raised $750k". TechCrunch. Retrieved 4 February 2015.
  11. ↑ Anthony Ha (11 July 2012). "P2P Storage Startup Space Monkey Raises $2.25M Led by Google Ventures and Venture51". TechCrunch. Retrieved 4 February 2015.
  12. ↑ Matthew Lynley (17 April 2013). "What It's Like Raising $80,000 in a Day". The Wall Street Journal. Retrieved 4 February 2015.
  13. ↑ Eric Griffith (26 April 2013). "Kickstarter Tech Project of the Week: Space Monkey". PC Mag. Retrieved 4 February 2015.
  14. ↑ "Clint Gordon-Carroll of Vivint Smart Home Named a Utah Business Forty Under 40 Honoree". BusinessWire. 8 February 2016. Retrieved 8 February 2016.
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