IForem

History

iForem is a venture-backed startup based in Redwood Shores, California, United States. Founded in 2006 by Stephen Pieraldi (CEO) and Trent Jason de Luna (CTO), iForem incorporated in February 2007 with Series A funding from VC firm Gabriel Venture Partners.

Contents

• History
• Business model
• Technology
• Services
• References

Business model

iForem provides lifetime protection for critical content to businesses and consumers. An iForem Virtual Vault is a pay-once (subscription-free) digital safe deposit box where companies and individuals can retain, protect and share key files and other intellectual property.

iForem leverages iNuity, an independent irrevocable trust, to maintain in-perpetuity services. By doing so, iForem allows its customers to own and control their Virtual Vaults on a permanent basis without having to pay recurring fees, risk service cancellation or suffer data loss. Using the 1-Click Trust, or Easy Escrow process, they are protected

Technology

iForem services utilize a Web-based interface that operates independently of its core front- and back-end systems (such as Amazon’s S3 architecture, which is now handling iForem data storage). This continual optimization allows the company to choose the best solution that is available at any given point in time without disrupting its digital safe deposit box services.

In addition, iForem safeguards against natural and man-made disasters by colocating Virtual Vault content servers on three continents. iForem also uses server-side encryption, two-factor log-in options security protocols and isolation from search engine indexing to secure sensitive corporate data.

Services

Every iForem digital safe deposit box is a pay-once service with a number of options and enhancements.

An iForem Virtual Vault – the firm’s primary offering – provides a range of features:

- Simple web-based document deposit - Secure Email document deposit - Permanent file preservation - Secure, disaster-proof storage technology - Easy-to-use document retrieval software - Manual and automatic secure document sharing

Each iForem Virtual Vault also includes tools to manage documents and automate file operations:

- File Retention: Auto-delete files based on dates or events - Version Automator: Automatically keep file versions up-to-date - Lock Box: Multiple individuals deposit files accessible only by the Virtual Vault owner - Drop Box: Deposit documents with instant notification for a group to view - Deep Freeze: Permanently protect files from being altered or removed

In addition, iForem offers a number of focused add-on applications, including:

- Perpetual Password Wallet - Licensing Tracker - Recipe Collector