
Ghostdrive
GhostDrive is cutting-edge technologies to protect stored data.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor | €0.0 | round |
investor | €0.0 | round | |
investor | €0.0 | round | |
* | N/A | Early VC | |
Total Funding | 000k |
USD | 2021 | 2022 | 2023 |
---|---|---|---|
Revenues | 0000 | 0000 | 0000 |
% growth | - | 167 % | - |
EBITDA | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Ghostdrive presents a decentralized cloud storage solution, positioning itself within the growing market for enhanced data security and privacy. The platform leverages the 'metaverse protocol,' integrating blockchain and Web3 technologies to offer what it terms 'private-by-design' cloud storage. This infrastructure is built upon the Bitcoin SV (BSV) blockchain, which underpins its security and data integrity claims. The service is engineered to prevent unauthorized access, including from Ghostdrive's own administrators, by encrypting user data directly on the device before it is uploaded. This process ensures that only the user, who holds the private key, can access and decrypt their files.
The company's business model appears to be centered around a freemium structure, offering a free tier with 2 GB of storage to attract a user base, with the intention of converting users to paid plans for additional capacity. The service is targeted at a broad audience, encompassing both individual consumers and businesses that prioritize stringent data control and confidentiality. Ghostdrive's core product functions similarly to conventional cloud storage services like Dropbox or Google Drive, allowing users to store, share, and manage files. However, its distinct value proposition lies in its decentralized architecture and end-to-end encryption, which is designed to offer a higher degree of security and user sovereignty over their data compared to traditional centralized providers.
Founded by Paolo G. Cilano, who also serves as the Chief Technology Officer, the company reflects his background in cybersecurity and data management. Cilano's previous experience includes roles in IT and security, which has likely informed the development of Ghostdrive's security-focused features. The platform's development milestones include the launch of its native application, which aims to provide a seamless user experience for interacting with its decentralized storage network.
Keywords: decentralized storage, cloud security, blockchain, data privacy, Web3, file encryption, BSV blockchain, data sovereignty, freemium model, end-to-end encryption