What is Filebase?
Filebase distinguishes itself as the world's first object storage platform built upon decentralized networks. Leveraging advanced edge caching technology, Filebase achieves superior performance in data read and write operations to these networks. This makes it a compelling, highly-secure, and geo-redundant alternative to conventional cloud storage providers, offering these benefits at a substantially reduced cost. The company's focus on decentralized infrastructure positions it at the forefront of a paradigm shift in data management.
How much funding has Filebase raised?
Filebase has raised a total of $2M across 1 funding round:
Angel/Seed
$2M
Angel/Seed (2021): $2M with participation from Ryan Selkis, Version One Ventures, and Multicoin Capital
Key Investors in Filebase
Version One Ventures
Version One Ventures is an early-stage venture fund that invests in mission-driven founders in emerging markets. The firm is dedicated to supporting bold entrepreneurs with innovative ideas, enabling them to build generational tech companies.
Multicoin Capital
Multicoin Capital is a thesis-driven investment firm that invests in cryptocurrencies, tokens, and blockchain companies. The company leverage the company's deep understanding of blockchain technology and crypto markets to deliver exceptional returns.
Ryan Selkis
Undisclosed investor participating in the funding round.
What's next for Filebase?
The recent major strategic investment signals a pivotal growth phase for Filebase. This capital infusion is expected to accelerate the company's expansion, enhance its technological capabilities, and broaden its market reach. With a clear trajectory supported by substantial backing, Filebase is poised to further solidify its position as a leader in decentralized object storage, potentially driving wider adoption of its cost-effective and secure data solutions.
See full Filebase company page