Decentralized cloud storage provider Akave has successfully raised $6.65 million in a seed funding round. The investment saw participation from notable entities including CVP NLH Advisors, Protocol Labs, No Limit Holdings, Blockchain Builders Fund, Big Brain Holdings LLC, the Avalanche Foundation, and the Filecoin Foundation. Akave Cloud, which operates on the Avalanche blockchain, is designed to support enterprises with data-intensive AI and analytics workloads. The newly acquired funds will be directed towards enhancing sales and marketing initiatives.
Akave Secures $6.65M in Seed Funding to Boost Decentralized Cloud Storage
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