Akave, a decentralized cloud storage solutions provider, has raised $6.65 million in seed funding, with participation from BBF and others.
Decentralized cloud storage solutions provider Akave announced the completion of a $6.65 million seed funding round, with participation from CVP NLH Advisors, Protocol Labs, No Limit Holdings, Blockchain Builders Fund (BBF), Big Brain Holdings LLC, the Avalanche Foundation, and the Filecoin Foundation. Akave Cloud is built on the Layer 1 blockchain Avalanche and aims to support enterprises running data-intensive AI and analytics workloads. The new funding will primarily be used to expand sales and marketing. (Businesswire)
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