Wuala is a new way of storing, sharing, and publishing files on the internet. Unlike traditional online storage systems, Wuala is decentralized and can harness idle resources of participating computers to build a large, secure, and reliable online storage. This enables its users to trade parts of their local storage for online storage and it allows us to provide a better service for free (fast downloads, as much storage as you like, unlimited traffic, no file size limit, etc.).

We started research and development at the Swiss Federal Institute of Technology Zurich (ETH Zurich) in 2004 and founded our company Caleido AG in 2007. About two months ago, we successfully launched the closed alpha: we've been on major tech blogs (TechCrunch, GigaOm, etc.) and now we're getting thousands of signups on our website.

We're currently a team of five people, but we're actively looking for more. We're completely self-financed so far: we've put in our savings and I can invest the money from my former company that I have founded 10 years ago (www.caleido.com, a CRM solution for small companies that has sold more than 35'000 licenses in Germany, Austria, and Switzerland).

For more information, please have a look at our website: http://wua.la