East-West Digital News 15 June 2012
Leta GIV, the corporate venture arm of Leta Group, announced an investment earlier this week in Baltostorage, an online service that allows users to store their pictures in a secured way.
The fund invested $350,000 for an undisclosed stake in the company.
BaltoStorage claims it already stores more than 1.7 million files from 50,000 registered users, just three months after launch. A distinctive advantage, according to the startup, is that users are provided with easy access to their files from any device.