Symform, a revolutionary cloud storage and backup service, today announced it has exceeded its growth projection for 2011, achieving an 800 percent increase in its user base over the last six months, a 60 percent quarter-over-quarter gain in license revenue, and more than doubling the number of registered channel partners. Over the last year, Symform's Global Cloud Storage Network has expanded dramatically, with users in 46 countries storing over 2 billion data packets. The company also received a second patent for its peer-to-peer data storage network, and secured an additional $2 million investment from WestRiver Capital, rounding out Symform's Series A funding to $7.5 million.

Symform is the first in the cloud storage industry to offer up to 200GB of free storage, and has disrupted the industry by creating a global, peer-to-peer data storage network that allows users to contribute unused, local storage in exchange for free or flat fee cloud storage. With Symform, users decide how much storage space they want to contribute and can receive up to 200GB of free cloud storage for registering, contributing and referring friends or colleagues.

"Current cloud storage prices are not economical, reaching nearly $1,000 a month on average. We are in the midst of a storage revolution whereby businesses are in need of a much more cost-effective option, but current providers are stymied by the limitations of traditional, centralized datacenter approaches for cloud storage and backup," said Matthew J. Schiltz, CEO at Symform. "This enormous market opportunity has set the stage for Symform's disruptive, global peer-to-peer storage network, which is offered at a revolutionary low flat fee for unlimited and secure cloud storage. It is this unprecedented value proposition that is fueling our tremendous growth."

Symform is a revolutionary secure cloud storage and backup service. Symform's Global Cloud Storage Network protects your data, business and bottom line, providing unlimited offsite cloud storage and backup for the guaranteed lowest flat fee. Unlike traditional data center storage, Symform's global network encrypts, shreds and geo-distributes data. This disruptive technology provides greater security, higher performance and more cost-effective cloud data storage and backup than any alternative today, guaranteed. Customers join the Symform network by contributing excess local storage and, in exchange, receive affordable, unlimited backup. Join the revolution today and experience secure cloud storage and backup that is up to ten times more affordable, faster and safer. Email info@symform.com.