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Strada Receives Strategic Investment From OWC to Accelerate Cloud-Free Collaboration

Strada, the peer-to-peer collaboration platform from Michael and Peter Cioni, has secured a significant strategic investment from Other World Computing (OWC). The partnership aims to accelerate Strada’s product roadmap while combining the startup’s cloud-free file sharing technology with OWC’s extensive hardware ecosystem. The investment marks a milestone in Strada’s ongoing fundraising efforts and signals growing industry interest in alternatives to traditional cloud-based workflows. For video professionals tired of expensive storage subscriptions and lengthy upload times, the combination of Strada’s software with OWC’s storage solutions could present a compelling proposition. What is Strada? For those unfamiliar with the platform, Strada is a Los Angeles-based software startup that enables video content professionals to access, share, and review large video files stored on local drives anywhere in the world without uploading anything to the cloud. The company was founded in 2023 by brothers Michael Cioni (formerly Frame.io/Adobe) and Peter Cioni (ex-Netflix), both veterans of the Hollywood tech space. The platform’s patent-pending peer-to-peer technology essentially turns any local storage device into a globally accessible hub. As we covered at Cine Gear earlier this year, the system can stream 4K ProRes files over relatively modest internet connections by using Apple Silicon’s processing power to compress files in real-time, delivering streams in approximately 200 milliseconds while maintaining quality. Unlike traditional cloud services that charge for storage, bandwidth, and per-user access, Strada’s basic functionality is free with no storage fees, no limits on collaborators, and no file size restrictions. Since launching publicly in April 2025, Strada has launched Strada Agents and...

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Published By: CineD - Today

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