Blockcast raised $2.85M in a seed funding round led by Lattice Fund to build a decentralized CDN on Solana.

Oct 15, 2024•about 1 year ago

Amount Raised

$2.85 Million

Round Type

seed

BerkeleyBlockchain

Investors

Anatoly YakovenkoRw3 VenturesZee Prime CapitalAlliance DaoFinality Capital PartnersProtocol LabsLattice Fund

Description

Blockcast has successfully raised $2.85 million in seed funding, aiming to enhance streaming quality through community-operated nodes. The round was led by Lattice Fund with participation from notable investors including Protocol Labs and Anatoly Yakovenko.

Company Information

Company

Blockcast

Location

Berkeley, California, United States

About

Blockcast is a company that focuses on enhancing streaming quality through community-operated nodes aimed at reducing data congestion and lowering content delivery costs. Their innovative platform leverages the decentralized ecosystem of Solana to create highly scalable content delivery networks. By pioneering a decentralized approach to content delivery, Blockcast seeks to align incentives between CDNs, ISPs, and content creators. Their newly launched home RELAY nodes enable users to contribute to the content delivery process and earn rewards.

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