Closed $10M Funding Round Led by Stratos Technologies

January 21, 2022

Stratos Technologies

A Cross-blockchain decentralized storage & computing network, has closed a funding round of $10 million led by Stratos Technologies. The funds will likewise be focused towards recruiting more people, especially engineers, and the continued rollout of the company’s infrastructure. is a Distributed Cloud Platform

The computing network is a distributed cloud stage that provides serverless computing services, databases and file storage. It is developed to be decentralized option to the likes of Amazon’s Lambda. Furthermore, allows decentralized apps (Dapps), Wb 3 builders, and protocols of any blockchain to decentralize a mostly overlooked part of the development stack middleware.
The network directs to decentralize that server middleware part of the stack by leading the middleware on several nodes instead of single central server. Funding Round Included Several Investors

Other investors in the funding were NOIA Cpital, Zee Prime Capital, Seven Capital, Theia Investment Group, Ellipti, Incuba Alpha, TRGC, Rarestone Capital, Token Ventures, Angel Investor Owen Simonin and Rare Capital co-founder Chris McCann. is additionally carrying out its first computing resource nodes, which will ultimately convey the bulk of the network’s processing power. The company plans to add storage nodes in the coming future, making the network equipped for both processing and storage. Virtual Machine Computing Driven by 70 Nodes’s virtual machine computing power has recently been driven by around 70 nodes. The company will utilize the funding round to give the least wages, awarded in the native ALEPH token, to more than 150 compute node operators. has existing associations with blockchain Solana and gives a decentralized storage system to game publisher Ubisoft’s non-fungible token (NFT) stage. Different clients incorporate Polygon, Neon Labs, and Request Networks, which helps Ethereum Virtual Machine-compatible apps integrate with Solana.

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