ManagedStorage International

About ManagedStorage International

ManagedStorage International (MSI), founded in 2000, operated in the enterprise data technology sector, specializing in data protection and storage for businesses. The company was based in Broomfield, Colorado, and developed cloud-based remote backup and recovery solutions designed to safeguard client data from potential disasters.

The core of MSI's business was to provide a robust data technology platform for guaranteed data protection. Its services enabled corporate clients to replicate their local backup data onto standby virtual machines in the cloud. This business continuity solution ensured that in the event of a system failure or disaster, all employees could connect to the cloud-replicated data and continue operations with minimal disruption. The business model focused on providing these services to enterprises, operating within the Software as a Service (SaaS) and Technology, Media, and Telecom (TMT) verticals. Revenue was generated through its data storage management solutions, and the company was backed by venture capital, securing a $50M funding round in September 2000.

A significant milestone in the company's history was its acquisition. In August 2004, ManagedStorage International was acquired by Front Porch Digital, a provider of content storage management solutions. This event marked the end of MSI as an independent entity, as it was absorbed into the acquiring company. Subsequent corporate changes saw Front Porch Digital itself being acquired by Oracle in 2014. According to public records, the original ManagedStorage International is now considered out of business.