Storj Receives Double Recognition for Innovation and Diversity

In a clear testament to its commitment to innovation, Storj has been celebrated on two prestigious fronts. First is the Fast Company’s 2024 World Changing Ideas Awards and the second one is Omidyar Network Black Tech Effect Top 100 list. Storj is a trailblazer in cloud storage solutions and these two awards further strengthen its place.

Storj Leads the Charge in Cloud Innovation and Diversity

Storj’s revolutionary approach to cloud storage, marked by its sustainability and cost-effectiveness, has earned it the top spot among the Fast Company’s winners. With an emphasis on leveraging underutilized global resources, Storj offers services that boast enhanced security, durability, and performance. It provides these services while significantly reducing costs and carbon emissions up to 90%.

The Black Tech Effect Top 100 list, presented by Omidyar Network, celebrates the achievements of 100 high-growth tech companies led by Black entrepreneurs. Storj stands out not only for its groundbreaking technology but also for its commitment to diversity, equity, and inclusion (DEI). Founded by a Black entrepreneur, Storj boasts a board and executive team comprising over two-fifths women or underrepresented people of color.

Katherine Johnson, Storj’s Chief Legal Officer, expressed pride in the company’s recognition for its impactful technology. She said that their commitment to authenticity and transparency shines bright in these areas.

Storj Expands Reach and Reinforces Market Position

In addition to its accolades, Storj has further solidified its position in the market by validating its S3 compatible cloud storage with leading backup and recovery providers such as Commvault, Rubrik, Bacula, and Veeam. The company has also expanded its network of technology partners and channel distributors, responding to the growing demand for cloud object storage solutions.

Storj’s Chief Revenue Officer, Colby Winegar, emphasized the team’s dedication to excellence. He noted that their ongoing efforts to improve performance and security have established Storj as a strong contender in the cloud storage industry. He mentioned that they are providing state-of-the-art solutions at a fraction of the cost compared to first-generation hyperscalers such as Amazon.

As Storj continues to push the boundaries of innovation and champion diversity in the tech industry, its recognition by Fast Company and Omidyar Network serves as a testament to its enduring impact on the world of cloud storage and beyond.