Latticework Launches Personal Hybrid Cloud for Private Data-Sharing
Summary
It was founded, and largely funded, by Pantas Sutardja, co-founder of digital storage pioneer Marvell Technology Group (NASDAQ: MRVL ), which now boasts a market capitalization of $10.8 billion and product lines in networking and connectivity as well as semiconductors.The third element of Latticework’s product is a companion app for mobile devices or home computers, where users keep track of their own files stored in Amber, as well as anything sent to them from members of their personal networks.The second problem Sutardja wanted to solve was the limited bandwidth on Internet connections, which conflicts with the growing demand for streaming video and other data-rich media such as virtual reality.By the end of the year, the server will be able to use facial recognition software to search its stored archives of photos and videos for all files featuring a particular person, he says.Sutardja expects that Latticework will bring in recurring revenue as repeat customers buy new Amber models with new features, either to replace or augment their old ones.
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