Akash Network is the world’s first decentralized peer-to-peer marketplace for cloud compute.
Akash Network is the world's first distributed peer-to-peer marketplace for cloud compute and provides a fast, efficient, and low-cost deployment solution. Developers leveraging Akash Network can launch decentralized applications such as DeFi apps, blogs, games, data visualizations, block explorers, blockchain nodes, and other blockchain network components at a fraction of the cost compared to centralized cloud providers like Amazon Web Services (AWS), Google Cloud, and Microsoft Azure. Utilizing open-source technology, Akash Network leverages 85% of underutilized cloud capacity in 8+ million global data centers, enabling anyone to buy and sell cloud computing.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Mar 30, 2020 | Series Unknown | $2M | 6 | Cypher Capital | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Cypher Capital | Yes | Series Unknown |
Digital Asset Capital Management | — | Series Unknown |
George Burke | — | Series Unknown |
Infinite Capital | — | Series Unknown |
Satori Research | — | Series Unknown |
Zokyo | — | Series Unknown |