KeepVault version 4.20 is now available from our download page: www.keepvault.com/software
This release adds much-requested operating system support for:
Important and useful new features for all users:
– manage your devices from the web console
KeepVault version 4.15 is now available from our download site: www.keepvault.com/software
This release adds important and useful features for all users:
– the max file size increases from 20GB to 200GB
– backup of password protected network shares is now supported
– better handling for backup of hidden files and folders
AuthenTec (NASDAQ: AUTH), a leading provider of mobile and network security, announced that Western Digital® (WD®) has selected its KeepVault backup service to provide optional offsite data protection for the new WD Sentinel™ DX4000 series of small office storage servers.
”AuthenTec’s KeepVault adds important capabilities to the WD Sentinel small office storage server by providing offsite data storage for fast yet economical disaster recovery,” said Thomas Gallivan, vice president of marketing for WD’s SMB Solutions Group. ”The combination of WD Sentinel and AuthenTec’s KeepVault not only ensures automatic backup of PCs, laptops and Macs within the office network but additional peace of mind by providing businesses economical offsite backup as an insurance for their valuable data.”
Read the full press release here http://tiny.cc/WDwithKeepVault
San Luis Obispo, CA (PRWEB) July 12, 2011
Thousands of small businesses protecting their data using KeepVault.com Online Backup can take advantage of new flat fee pricing of just 15 cents per GB, with no per-computer or per-server fees. Web access has been enhanced for mobile devices like iPhones. A free trial is available.
Read the full press release here … http://www.prweb.com/releases/keepvault/online_backup/prweb8606718.htm
We will be making an important announcement tomorrow, July 12th, at 11am Eastern.
Come back then or visit this link for the Press Release:
Terran marketing pays $40k for onlinestorage.com domain name, notes that the demand for online storage is high.
Last week we learned that online backup provider, and KeepVault competitor, Carbonite had filed a form S-1 with the SEC, a proposal for an Initial Public Offering (IPO) of their stock. Estimates have them looking to raise USD$100m. But it was the content of the filing that generated most of the emails/calls to my desk; over 1m customers, losses of USD$25m in 2010, and last quarter revenues of USD$12.8m.
We’re hugely excited to see an IPO in our industry; a hopeful sign of acceptance and maturity in a business where KeepVault’s 5-year track record makes us elder statesmen! As fear of cloud based backup continues to dissipate and services improve, so the market is consolidating (mostly) around strong companies with solid business plans. Carbonite’s ~1m users makes them one of the largest online backup services, and to paraphrase ‘things are just getting going’! Their last quarter revenue of $12.8m is certainly impressive and again talks to the increasing rate of acceptance. KeepVault has seen approximately 70% yearly growth, almost entirely through word-of-mouth ‘advertising’ (BIG thank you to our loyal customers!).
Similarities and Differences
While KeepVault and Carbonite are both in the Online Backup business there are significant differences in the two services. An article today in The Register asks why now and why Carbonite? Why isn’t Nirvanix (an online storage provider) filing for an IPO?
The Register proposes that Carbonite needs money to sustain their current business model, e.g. the ‘land grab’ approach reminiscent of Web 1.0: give the service away and spend any revenues on attracting the next customer. Carbonite and some other services (livedrive, Backblaze et al) offer ‘unlimited’ storage, for one computer, for a low monthly fee. The downside for Carbonite? Significant $ loss each quarter and for the foreseeable future (according to the Carbonite IPO filing).
As Mozy recently announced, ‘unlimited’ storage is not sustainable; the growth in customer storage is fast outpacing any reductions in storage costs. Hence, Mozy has adopted a pay-for-use model similar to that offered by KeepVault for the past ~3 years. Not to toot our own horn, but it didn’t take a rocket scientist to see that unlimited plans, while an easy way to attract new customers, were not the key to long term success.
Many companies offer online backup, but how many are in it for the long term? Do you want to re-upload your data every time your provider runs out of money? KeepVault’s pricing is, we believe, walking the fine line between feeding our families and protecting the digital memories/files etc you entrust to us; there are no investors looking to cash-out or reap huge returns on investment, and no questionable business models. Backup is about conserving, and we’re taking a conservative approach!
The online backup space can’t stay out of the news these days!! Last week we heard about Carbonite’s plans for an IPO (more on that in another post). Today we learned the fate of the Iron Mountain online backup business; it will be acquired by Autonomy, a large European software company, for the not insignificant sum of $380m.