Announced

Completed

Other World Computing completed an investment in Strada.

Synopsis

Other World Computing, a provider of storage, docks, and memory card solutions, completed an investment in Strada, a software company providing a media collaboration platform for common work on media files. Financial terms were not disclosed. “In my nearly 40-year career running OWC, I have seen numerous innovations that improve video content production workflows. What Strada has built is revolutionary: their peer-to-peer technology is so powerful, I believe it has the potential to disrupt more costly, less beneficial ‘existing status quos’. I’m thrilled to partner with Michael and Peter and I cannot wait to pair the Strada software with our OWC hardware. Strada instantly enhances the value of OWC products for every one of our customers,” Larry O’Connor, OWC Founder and CEO.

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