Bruce Marshall
San Francisco, CA (USA)
Role(s):
Founder/Owner/Principal
LightPath Networks
Find More Startups
Startup
Location:
San Francisco
Industry:
Technology/Web
Year Founded:
2012
Number Employees:
1-10 people
Business Stage:
Creation/Idea
Entity Type:
Not Incorporated
Description:
We are seeking seed funding to bring to market breakthrough compression and data storage technology.
We plan to offer this as a service in our cloud hosted environment. Some of our results so far are:
1. The ability to compress 1 terabyte of data in a 1 megabyte space (regardless of file type)
2. Read and Write times 100 times faster than flash memory in our cloud infrastructure.
We are presently testing our compression algorithms for sending data over the WAN. For example sending 1 terabyte of information over the Wan in 5 min. and extracting on the other side of the wire.
We are not looking to manage the finances. Your own cfo or cpa can do that. Our needs are the following:
1. Office space for a year in san francisco (we don't need much space).
2. About 100k in hardware cost.
3. Data center cost for 1 year (cabinets and bandwidth)
4. Modest salaries for 3 engineers (can be 1099)
5. No micromanagement. We are professionals. We are dedicated to the success of the technology.
Serious Inquiries only please.