[10] Cleversafe Inc was launched as a startup company in 2004[10] by Chris Gladwin, an American inventor, computer engineer and technology entrepreneur.
[11] Gladwin created Cleversafe because his prior company, MusicNow, Inc., deployed systems to store all digitized music and he felt that approach used by the enterprise data storage products could be vastly improved.
[5] In 2015, John Morris was named CEO of the Year by the Illinois Technology Association at its 16th annual CityLights Awards for his leadership of Cleversafe.
With a low overhead of 1 – M/N, information dispersal provided very high data availability and reliability as compared to making multiple copies.
"[33][34][35] As Network Computing stated: "With the acquisition of object storage and erasure coding technologies, IBM bolsters its cloud position.
"[36] As a result of the IBM acquisition, Cleversafe’s venture capital investors got back 10 times their original investments.