Space Monkey (company)

Space Monkey was a cloud storage company founded by Clint Gordon-Carroll and Alen Peacock in Utah in 2011.[1][2][3]

Space Monkey
Industry
Founded2011
FoundersClint Gordon-Carroll, Alen Peacock
Headquarters,
Key people
Clint Gordon-Carroll, Alen Peacock
Products1TB drive
Websitespacemonkey.com

Space Monkey was a cloud storage service that allowed a consumer to put one terabyte of data on a Space Monkey-provided hard drive located on the customer's premises. The data were then backed up on other devices across Space Monkey's user network via a distributed cloud. The service claimed to prevent data loss due to failing hardware while allowing consumers access to their files anywhere 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

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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] At one time, Space Monkey was the world's largest peer-to-peer storage network.[14]

In September 2014, Vivint acquired Space Monkey for an undisclosed amount.[1] Although its use of Space Monkey technology was cited by Vivint as late as 2016,[15] as of 2024 Space Monkey has no website nor apparent public presence at Vivint.

See also

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References

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  1. ^ a b c 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. ^ Sam Byford (8 March 2012). "Space Monkey: Dropbox meets BitTorrent for peer-to-peer cloud storage". The Verge. Retrieved 4 February 2015.
  5. ^ 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.
  15. ^ "The Innovation behind Vivint's Cloud Storage". Vivint. 26 February 2016. Retrieved 5 July 2024.