Net Storage Apps Firm FreeDrive Gets $20 Million First Round

“FreeDrive, a provider of Internet-based storage applications, said it has raised $20 million in its first round of funding from Motorola, EDS Ventures, and EMC Corp. The company said it will use the funds to expand its core infrastructure operations and marketing organizations in order to expand its global business. Warren Holtsberg, corporate vice president and director of One Motorola Ventures, will take a seat on FreeDrive’s board of directors.”


I guess their wireless features got them the funding from Motorola, because web-wise they seem to be trailing Idrive (business model: sell stickiness to content sites) and Xdrive (model: integrate the desktop), both having more users and features. Is wireless a differentiator? Xdrive has Palm VII and WAP support so I’m left to guesstimating as usual.

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