Comments on: Fabrik raises $24.9M more for file storage and sharing

By: Matt K. Olson

Matt K. Olson — Sun, 23 Nov 2008 05:31:18 +0000

Listen up Xdrive Consumers….! XDMOlson is going to hook you all up with the easiest way to transfer your Xdrive digital assets to another provider.

I know there are a lot of other providers out there, check out my previous post about the Ultimate Review List of Best Free Online Storage and Backup Application Services…

http://tomuse.com/ultimate-review-list-of-best-free-online-storage-and-backup-application-services/

However XDMOlson is going to recommend selecting ElephantDrive for current Xdrive consumers. They have worked out an agreement with Xdrive to make transferring those digital assets over as easy as possible.

Xdrive to ElephantDrive Migration Page: http://www.elephantdrive.com/m/ct.aspx?ici=267

-XDMOlson

By: Sarin

Sarin — Tue, 15 Jan 2008 15:27:01 +0000

Hi,i would like to add to your list a new back up on line product i recently tried: MEMOPAL.
It is still in beta version but it is fast and simple, full system recovery, automatic back up, search on line files and, and own ftp.
It starts well….

By: VentureBeat » DivShare adds document viewer, takes on Scribd

VentureBeat » DivShare adds document viewer, takes on Scribd — Fri, 12 Oct 2007 17:08:11 +0000

[...] one of the best in the ever expanding mass of mostly undifferentiated file hosting and sharing services, has just added a flash-based document [...]

By: Tortured Luddite

Tortured Luddite — Mon, 21 May 2007 22:10:42 +0000

Dan – Thanks for the extra digging. It is really nice to see a blogger respond to a comment with that kind of genuine concern and effort. Even though the mystery of the acquisition remains, that was a lot of other really interesting information… ($150 mm in revenues – wow – way higher than I would have guessed, and very impressive).

Keep up the good work – back to my luddite ways…

By: Dan Kaplan

Dan Kaplan — Mon, 21 May 2007 17:04:26 +0000

Further information, via VentureWire:

Fabrik’s post-money valuation was just under $150M, with revenues over $150M. So traction’s pretty good.

By: Dan Kaplan

Dan Kaplan — Sun, 20 May 2007 03:10:58 +0000

Unfortunately, Fabrik did not respond to our questions. Sorry, Luddite.

By: Dan Kaplan

Dan Kaplan — Sun, 20 May 2007 03:09:59 +0000

Fabrik: $.49/month/gig
Box.net: $7.95.month 5 gb per month
Mozy: $4.95/month unlimited
Elephant drive: $9.95/month unlimited
Carbonite: $4.16/month unlimited

It goes on…

By: Dan Kaplan

Dan Kaplan — Fri, 18 May 2007 13:01:27 +0000

Luddite, I’m on the case. I’ll keep you posted

By: proxieslist.net

proxieslist.net — Fri, 18 May 2007 05:43:14 +0000

[...] [via] [...]

By: Fabrik Raises $24.9M in Funding, Adds Ross Levinsohn to Board

Fabrik Raises $24.9M in Funding, Adds Ross Levinsohn to Board — Fri, 18 May 2007 05:37:42 +0000

[...] [via] Link to This Post: [...]

By: Tortured Luddite

Tortured Luddite — Fri, 18 May 2007 04:28:45 +0000

Thanks Matt – serves me right for being lazy and not following the links.

I’m still curious if you or anyone else has any insight into my last question (the only one I’m truly confused by): how does a copy raise $12 mm and then buy another company for $43 mm?

By: Mike Rundle

Mike Rundle — Fri, 18 May 2007 00:42:25 +0000

So the company was profitable before the 2nd round of financing, had 90% of their original round money in the bank still, but decided they needed $25M more.

What? Are you kidding? There must really be a bubble.

By: Matt Marshall

Matt Marshall — Fri, 18 May 2007 00:32:27 +0000

Tortured Luddite,

As mentioned, Terence Pua mentions several other companies in his piece We pointed to his piece, so we’ll repeat it here
http://venturebeat.com/2007/02/12/why-online-backup-will-never-be-free/

It includes Mozy, Carbonite and several others.
I’ll let Dan handle the rest

By: Tortured Luddite

Tortured Luddite — Fri, 18 May 2007 00:25:19 +0000

Couple of interesting questions…

1. When you list the other players in the space, you don’t mention Mozy (DFJ), ElephantDrive (Intel Capital), and Carbonite (Menlo Ventures). Any special reason – these three seem to show up in all the other lists I see?

2. Any one have any idea how many subscribers Fabrik has?

3. Any thoughts on the pricing model – $.49/GB? The companies I listed above all offer unlimited storage at flat rates. Which is better? Why?

4. If Fabrik raised $12mm last year, then how did it buy SimpleTech for $43mm? I just don’t get it (of course, there’s a lot I don’t get).

By: carl wu

carl wu — Thu, 17 May 2007 22:47:13 +0000

What value does mr. levinsohn bring to the table…did he get asked to leave news corp…didn’t he get the idea for my space from some low level admin whom mentioned it to him…and know he has his brother running the myspace division…does he even know how to code in html…or for the matter does anyone at news corp?