Inveniam Set to Acquire Storj as Storage & Compute Needs Evolve

Inveniam acquires decentralized cloud provider Storj, expanding its Web3 and data ecosystem while keeping Storj’s leadership, team, and partner model intact.

Oct 22, 2025
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Inveniam Capital Partners today announced it will acquire distributed and decentralized cloud platform vendor Storj.

We spoke with Storj CEO Colby Winegar and Inveniam CEO Patrick O’Meara ahead of the announcement to learn more about what the deal means for partners and customers.

Leaders promise no changes coming to Storj’s core operations as Inveniam expands footprint

Under the agreement, Storj will become a subsidiary of Inveniam, retaining its existing team, leadership, and customer relationships. The companies emphasized that there will be no disruption to current contracts, pricing, or services. 

Colby Winegar, CEO of Storj, will continue to lead the subsidiary, while Ben Golub, Storj’s executive chairman, will join Inveniam’s board of directors.

“We weren’t planning on doing this; we were actually in the middle of a fund raising when we first met the Inveniam team,” Winegar said. “Our sales leader met them in an elevator, and the conversations evolved from funding to acquisition.”

“Storj’s unique technology is a critical enabler of Inveniam’s mission and serves our growing customer base with a network that sets the standard for secure, high-performance decentralized storage and compute,” said Patrick O’Meara, the chairman and CEO of Inveniam, in a statement. “We’re particularly excited to integrate the STORJ token into our ecosystem, driving greater utility and alignment across our platforms. Together, we’re shaping the future of decentralized marketplaces and unlocking new growth opportunities for both companies.”

That future has long been the focus for Inveniam. Founded in 2017, it positions itself as a data infrastructure firm for private markets, serving as a so-called “digital middle office” that bridges traditional finance and decentralized technology for asset managers, administrators, partners, and service providers. Storj is one of several acquisitions the company has made in 2025.

“This is yet another validation for us that what we have built is something special,” Golub said. “When you start a start-up, you sometimes can’t tell if you’re a visionary or a bit delusional. It’s clear we have opportunities ahead of us.”

Expanding capabilities with shared Web3 vision and other priorities

Storj, known for its distributed storage and decentralized cloud architecture, has long been a pioneer in leveraging blockchain to enhance security, sustainability, and cost efficiency for enterprise cloud users. 

Its solutions are designed to simplify the complexities distributed teams often face regarding storage, file sharing, and other needs. It also focuses on emerging technologies, such as its Web3 and AI capabilities, that have differentiated it from traditional players in the space.

“About two years ago, we stumbled across Storj, and once we saw what they were building, it blew our minds a bit in terms of the potential,” Bryan Malone, the managing director at Storj partner Tyrell, told Channel Insider in September.

“Storj has built an infrastructure of global, high-speed connectivity with storage that doesn’t destroy files or slow anyone down,” he continued.

Winegar says the acquisition provides Storj with new resources and strategic alignment to accelerate innovation and expand its global reach.

“We see them as a real leader and also complementary to our approach to delivering solutions,” Golub said. 

“Every year we have done things at a more accelerated rate than we thought we would maybe be able to,” Winegar added. “This deal will allow us to scale and accomplish our strategy even faster.”

Positioning for future growth and how partners will see new opportunities

The acquisition allows Inveniam to deepen its integration of decentralized infrastructure into its AI and data management ecosystem. By incorporating Storj’s global network and supporting the continued use of the STORJ token, Inveniam is poised to expand its influence in the decentralized data and compute market.

Wingegar and Golub stress that the deal also allows Storj to bring more products and solutions to channel partners as it scales operations over the next year.

“Over the next two years, we’re going to become more relevant to the traditional channel,” Winegar said, highlighting the opportunity to work with enterprise-focused partners beyond the “niche integrators” and resellers Storj largely works with today.

Storj first launched a formal partner program last year and has since worked to build bundled solutions with channel partners serving customers worldwide.

thumbnail Victoria Durgin

Victoria Durgin is a communications professional with several years of experience crafting corporate messaging and brand storytelling in IT channels and cloud marketplaces. She has also driven insightful thought leadership content on industry trends. Now, she oversees the editorial strategy for Channel Insider, focusing on bringing the channel audience the news and analysis they need to run their businesses worldwide.

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