Bulgaria ~
StorPool is one of the fastest-growing Bulgarian technology companies – its distributed storage solutions help cloud providers and big enterprises to work with data more reliably and efficiently.
Founded back in 2012, the company managed to develop solutions that rank next to Google, IBM, and Oracle in one very particular category: distributed data storage. In the beginning, StorPool started with a small VC ticket: €200K from Sofia-based LAUNCHub Ventures and then raised a bigger seed round two years later. In the following years, StorPool grew organically and even reached revenues in the multi-million dollar range as well as profitability.
In the video above, you can learn more about the expansion plans of the company from co-founder Boyan Krosnov and how he expects Endeavor’s Dare to Scale program to help the team grow from 30 to over 100 people.
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Updated: 30 November 2021
Etien Yovchev is a co-founder and Chief Editor at The Recursive, online media dedicated to the emerging tech and startup ecosystems in Southeast Europe. He has told the stories of over 200 ventures from the region and aims to provide high-quality constructive reporting on the progress of the SEE innovation ecosystem, making sure that the stories of promising local founders reach global audiences. Etien holds a MSc degree in Innovation Management from RSM, Erasmus University Rotterdam and has more than 4 years of experience in the commercialization of new products, having worked with many early-stage companies and a few corporate innovation departments across Bulgaria, The Netherlands, and the USA.