Inveniam Acquires Storj to Power the Future of Decentralized Data Infrastructure
Inveniam will leverage Storj's technology to further its mission while empowering Storj to accelerate its growth with existing customers and partners
"Storj's unique technology is a critical enabler of Inveniam's mission and serves our growing customer base with a network that sets the standard for secure, high-performance decentralized storage and compute," said
"We're proud to join forces with Inveniam, a company that shares our mission and has demonstrated real success bringing Web3 technology to Web2 enterprises," said
"When I joined Storj nearly eight years ago, our vision was to prove that distributed storage could be radically faster, more secure, more sustainable, and more cost-efficient than traditional cloud systems," said
Storj will remain a legal entity, operating as a subsidiary of Inveniam. All existing customer, supplier, and community relationships will remain intact across Storj's storage, compute, data access and data compression solutions, and all Storj employees are expected to remain with the company. The STORJ token will continue to be supported as an important part of the Storj ecosystem and service. Storj CEO
About Inveniam
Inveniam is a data operations management and orchestration solution for private market assets, bringing access, transparency, and trust to asset performance data. The company is building the foundation for scalable AI integration, decentralized data marketplaces, and the systematic trading of private market assets. Learn more at www.inveniam.io.
About Storj
Storj delivers a fast unified cloud solution designed for global media, AI and creative workflows. Combining distributed storage, advanced compute, and cutting-edge file access, Storj delivers a unique platform that powers efficiency and innovation to operate on a global scale. Learn more at storj.io.
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SOURCE Inveniam Capital Partners, Inc.
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