1. Praerit Garg
Co-founder and President
Five years ago, Garg set out to solve a problem. He knew the cloud represented a revolutionary new storage model, but noticed it was simply too expensive for many businesses to embrace. As a result, he created Symform. Founded alongside Bassam Tabbara, a colleague of Garg's while working on the engineering team at Microsoft, Symform has changed the way we think about the cloud by applying the universal rule "you only get what you give" to storage.
It works like this: Each user leveraging Symform's cloud-based storage contributes some of its own excess local storage in exchange, creating a sort of co-op, peer-to-peer network that is both inexpensive and secure -- and the idea, to put it lightly, has taken off. Garg already has nabbed $20 million in capital funding for the startup, all while fostering a dedicated group of followers that is poised for growth over the next few years.