Aleph.im completes $10M funding round

Aleph.im completes $10M funding round
фото показано с : invezz.com

2022-1-22 17:00

Aleph.im, a cross-blockchain decentralized storage and computing network, has completed a $10 million Stratos Technologies-led funding round, Invezz learned from a press release. The round was supported by Theia, Ellipti, Token Ventures, Seven Capital, Zeeprime, TRGC, NOIA Capital, Bitfwd Capital, Incuba Alpha, RareStone, and more.

Eliminating need for centralization

The funding round will push Aleph.im in the direction of fulfilling its mission to provide censorship-resistant data storage and fully decentralized computing power. This will do away with the need for any centralized or controlling entity once and for all.

This month, the network will start rolling out its first computing resource nodes. Eventually, these will bear the bulk of its processing power. Aleph.im founder Jonathan Schemoul said:

This round of funding is a key piece in executing our broader vision for Aleph.im. In addition to the immediate rollout of the network’s compute nodes, this year will also bring the activation of Aleph.im storage nodes, meaning the network will be capable of both decentralized processing and decentralized storage. This will enable web 3 builders, Dapps and protocols to fully decentralize up to the last piece of their development stack.

The latest funding round will guarantee more than 150 node operators receive minimum wage payments in ALEPH. Ultimately, this effort will enable full stack decentralization for key blockchain and dApp developers.

Aleph supports Solana app indexing, Ubisoft decentralization

In 2021, Aleph facilitated Solana’s (SOL/USD) application indexing and Ubisoft’s decentralized storage system, supporting dynamic NFTs on Ubisoft Quartz.

The network collaborated with Polygon (MATIC/USD), Request Network, and Neon Labs. Through their partnership with Aleph.im, Neon Labs will make it possible for EVM compatible applications to integrate with the Solana ecosystem seamlessly.

Node expansion begins immediately

Aleph.im’s computing resource node expansion, which will start immediately, will transpire in a three stage process. The end result will involve connecting resource to existing core channel nodes. All storage and processing nodes will be online and all core channel ones will serve as network controllers by the middle of this year.

With continued expansion of the network, Aleph.im hopes the newly acquired funding will encourage more contributing operators to join.

La notizia Aleph.im completes $10M funding round era stato segnalata su Invezz.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

RoundCoin (ROUND) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 0 ROUND

round capital funding aleph token ventures ellipti

round capital → Результатов: 126


Фото:

Wormhole closes $225 million round at $2.5 billion valuation

Wormhole has closed its funding round, raising $225 million at valuation of $2.5 billion. The cross-chain bridge protocol revealed this in an announcement on Wednesday, November 29. The round was backed by Brevan Howard, Coinbase Ventures, Multicoin Capital, Jump Trading, ParaFi, Dialectic, Borderless Capital and Arrington Capital among others. “We are grateful to have reached […]

2023-11-30 19:17


Фото:

Crypto Firm BlockFi Raises $18.3 Million in Latest Funding Round

In a press release issued on August 6, 2019, cryptocurrency management firm BlockFi announced that it had raised $18. 3 million in a Series A funding round. Per sources in the know, the venture round was led by Valar Ventures and saw participation from Winklevoss Capital, Galaxy Digital, ConsenSys Ventures, Akuna Capital, and Morgan Creek, amongRead MoreRead More.

2019-8-7 01:00


Alibaba’s Affiliate Ant Financial Backs Multi-Million Dollar Blockchain Privacy Project QEDIT

Ant Financial, an affiliate of e-commerce giant Alibaba, among other investors, are pulling their weight behind QEDIT, a developer of privacy technology for enterprise blockchains. The $10 million investment round was led by MizMaa Ventures, Meron Capital, Collider Ventures, as well as other big establishments, according to reports on May 7, 2019. Effective Collaboration Per […]

2019-5-7 20:48


Фото:

Братья Уинклвоссы инвестировали в стартап, который задействует природный газ для майнинга криптовалют

Стартап Crusoe Energy Systems Inc. привлек $4,5 млн в рамках сид-раунда финансирования, который возглавили компания Bain Capital Ventures и подразделение Pathfinder в составе Founders Fund Питера Тиля.

2019-5-7 11:55


Credly Digital Credentials Blockchain Company Gets Over $11 Million in Funding, $18 Million in All

Series A Funding Round for Credly Brings in $11.1 Million Startups often get involved with funding rounds in an effort to bring in capital for the costs associated with developing their exchange. A recent Series A funding round, which was led by Zoma Capital and Strada Education Network, brought in $11.1 million for a new […]

2019-4-29 15:49


Dr. Ayo Akinyele’s Bolt Labs Secures $1.5 Million To Work On Lightning Network Payments Privacy

Bolt Labs Raises $1.5 To Improve Lightning Payments With A New Implementation The cryptocurrency startup Bolt was able to raise $1.5 million during a funding round that was led by Dekrypt Capital. According to a recent press release, other firms that invested included ZCash Foundation, Ripple’s Xpring, Lemniscap, Access Ventures, and Branson Bollinger, among others. […]

2019-4-17 21:34


PayPal Backs Digital Identity Startup Cambridge Blockchain

PayPal has joined Cambridge Blockchain’s Series A funding round, marking the US payment giant’s first blockchain investment. Cambridge Blockchain, a startup developing digital identity management software for financial institutions, initially closed its Series A in May 2018 after raising US$7 million from Foxconn’s HCM Capital, Partech Partners, Future\Perfect Ventures and Digital Currency Group, but according […] The post PayPal Backs Digital Identity Startup Cambridge Blockchain appeared first on Coinjournal.

2019-4-3 23:56


Kakao’s Crypto Arm Rakes in $90 Million Through Members-Only ICO

In yet another sign that the Crypto Winter is beginning to thaw, fundraising in the industry is once again alive and well. Ground X Corp, which is the crypto arm of South Korea-based mobile giant Kakao, has raised a cool $90 million in a private coin offering and is targeting the same amount in yet another fundraising round expected to kick off this week, Bloomberg reports.

2019-3-12 20:08