// startup autopsy

Broadband Storage

Cloud storage before its time, killed by the bust

timingSlow Death

Years-long decline before final shutdown · Fatal mistake: Launched a capital-intensive storage infrastructure business at the peak of the dot-com bubble with no path to profitability before funding dried up.

Founded	1999
Closed	2002
Country	USA
Sector	Saas

50%

Key Events Timeline

1999-01-01

FOUNDING

Broadband Storage founded to offer network storage services over broadband connections.

2000-06-01

FUNDING

Raised $16M in venture funding during the height of dot-com enthusiasm.

2001-06-01

PRODUCT LAUNCH

Attempted to expand storage services as market conditions deteriorated post-bubble.

2002-06-01

SHUTDOWN

Operations ceased as funding was exhausted and no acquirer emerged.

Full Analysis

Analyst plan

Documented cause

Broadband Storage was a network-attached storage (NAS) service provider that targeted broadband consumers during the late 1990s dot-com era. The company offered expensive online storage infrastructure solutions...

at a time when internet adoption and consumer demand for cloud-like services was still emerging. The startup collapsed during the dot-com bust (2000-2002), when the technology sector experienced a se

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€40M

Peak valuation

HypeCycle · MoatType · ResearchTags

Broadband Storage raised €16M before launched a capital-intensive storage infrastructure business at the peak of the dot-com bubble with no path to profitability before funding dried up. ended it. See the documented cause, verified lesson and all failure signals.

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