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Storj - About the company

Storj is an acquired company based in Atlanta (United States), founded in 2014 by James Lowry, Josh Brandoff and Shawn Wilkinson. It operates as a Decentralized cloud storage solutions provider. Storj has raised $5.05M in funding. The company has 323 active competitors, including 48 funded and 7 that have exited. Its top competitors include companies like DigitalOcean, Wasabi and Hitachi Vantara.

Company Details

Storj is a decentralized cloud storage solutions provider. It provides a decentralized cloud storage platform that utilizes blockchain technology and peer-to-peer protocols. It also allows users to buy and sell digital storage space for Storj coins. The features include secure file encryption, compatibility, open-source support, etc.
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Key Metrics
Founded Year
2014
Location
Atlanta, United States
Stage
Acquired
Total Funding
$5.05M in 6 rounds
Latest Funding Round
Ranked
Employee Count
37 as on Dec 31, 2021
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Inveniam IO (Oct 22, 2025)

Storj's acquisition details

Storj got acquired by Inveniam IO on Oct 22, 2025.
Click here to take a look at Storj's acquisition in detail
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Storj's funding and investors

Storj has raised a total funding of $5.05M over 6 rounds. Its first funding round was on Aug 2014. Storj has 16 institutional investors.

Here is the list of recent funding rounds of Storj:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 25, 2017
7308622
ICO
7756083
2669826
9260804
5412884
Feb 23, 2017
8451446
Seed
2914342
1617480
1665944
1772247
Oct 07, 2016
1170197
Seed
4004349
8168481
1670802
7806694
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Storj's founders and board of directors

Founder? Claim Profile
The founders of Storj are James Lowry, Josh Brandoff and Shawn Wilkinson.
Here are the details of Storj's key team members:

Storj's employee count trend

Storj has 37 employees as of Dec 21. Here is Storj's employee count trend over the years:
Employee count trend for Storj
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Storj's Competitors and alternates

Top competitors of Storj include DigitalOcean, Wasabi and Hitachi Vantara. Here is the list of Top 10 competitors of Storj, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for DigitalOcean
DigitalOcean
2011, New York City (United States), Public
Provider of cloud infrastructure, virtual machines, and managed database hosting
$174M
79/100
2nd
Logo for Wasabi
Wasabi
2015, Boston (United States), Series E
Cloud storage provider offering scalable solution for businesses
$484M
70/100
3rd
Logo for Hitachi Vantara
Hitachi Vantara
1989, Santa Clara (United States), Series A
Provider of data infrastructure, hybrid cloud, and data resilience solutions
$6.56M
-
69/100
4th
Logo for Amazon Web Services
Amazon Web Services
2006, Seattle (United States), Funding Raised
Provider of cloud computing services, including infrastructure, AI, and data solutions
-
65/100
5th
Logo for Filecoin
Filecoin
2014, San Francisco (United States), Seed
Decentralized network storage solutions for enterprieses
$120K
65/100
6th
Logo for pCloud
pCloud
2013, Baar (Switzerland), Series A
Enterprise cloud storage
$3M
-
64/100
7th
Logo for Lucidity
Lucidity
2021, New York City (United States), Series A
Platform offering cloud block storage management solutions
$31.8M
64/100
8th
Logo for Hammerspace
Hammerspace
2018, Los Altos (United States), Series B
Provider of storage management solutions
$157M
63/100
9th
Logo for Arweave
Arweave
2017, London (United Kingdom), Series A
Decentralized data storage protocol for enterprises
$14.4M
60/100
10th
Logo for Storj
Storj
2014, Atlanta (United States), Acquired
Decentralized cloud storage solutions provider
$5.05M
59/100
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Storj's Investments and acquisitions

Storj has acquired 2 companies including PetaGene and VALDI. Storj has not made any investments as of now.

News related to Storj

lockFilter this list
Media has covered Storj for a total of 2 events in the last 1 year, 1 of them has been about people movement.
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