2. Product
● “Online backups for the truly paranoid”
● Secure backup
● Deduplicated storage and transfer
● Command line utility
● Meant to be used in UNIX-y ways
● Pay only for data used
3. Financials
● Not a whole lot of info
● All we know is that the guy that runs it uses it
as his primary source of income
● Most income is from large customers such
as businesses
4. History
● Jul 10, 2009 - Release
● Dec, 2009 - All profits donated to FreeBSD
Foundation
● Dec, 2010 - All profits donated to FreeBSD
Foundation
● Apr 2, 2014 - Price cut
6. Special Sauce
● The guy who owns it is *really* good at what he does
● Data deduplication = cheap backups (for certain kinds of
files like server logs)
● Open source client allows people to audit code
● UNIX command line makes it extremely scriptable
7. Story Time
● I used it to back up one of my website’s
databases and config files
● Extremely easy
● Really cheap
8. Buy Or Sell?
● Not buy
● Spectacular product
● Not focusing on expanding or making a profit