Enterprise Cloud Storage And Peer-To-Peer Backup Service Symform Raises $11M

Cloud storage and backup service Symform has raised $11 million led by WestRiver Capital, with participation from existing investors OVP and Longworth Capital. The Symform Cloud Storage Network provides businesses with unlimited offsite cloud storage and backup services. Symform says its global network encrypts, shreds, and geo-distributes data, providing a more secure and and higher-performing cloud data storage and backup service. In fact, Symform is a global peer-to-peer network for data storage, where users contribute excess local storage to the network in exchange for free or flat fee cloud storage.

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