What is Iagon?
Founded in 2017, IAGON is pioneering a decentralized cloud storage and processing platform. Leveraging Blockchain and Tangle technologies, the company aims to revolutionize the cloud industry by offering a secure and distributed infrastructure. IAGON's platform is designed to harness the processing power and storage capacities of various smart devices, enabling the storage of diverse data files and the execution of complex computational tasks, including those for artificial intelligence and machine learning. The integration of Blockchain, Tangle, and AI technologies within a user-friendly interface positions IAGON as an innovator in secure, decentralized data solutions.
How much funding has Iagon raised?
Iagon has raised a total of $3.4M across 1 funding round:
Angel/Seed
$3.4M
Angel/Seed (2021): $3.4M with participation from Blockchain Israel, AU21 Capital, and LedgerLink Labs
Key Investors in Iagon
Blockchain Israel
Blockchain Israel is an entity focused on fostering the blockchain ecosystem, likely investing in projects that advance distributed ledger technology.
AU21 Capital
AU21 Capital is a venture capital firm that typically invests in early-stage blockchain and cryptocurrency projects, aiming to support innovative decentralized technologies.
LedgerLink Labs
LedgerLink Labs appears to be an investment firm or incubator specializing in blockchain and related technologies, supporting the development of new ventures in the space.
What's next for Iagon?
With the recent injection of capital, IAGON is poised to accelerate its growth and further develop its decentralized cloud infrastructure. The major strategic investment suggests a focus on scaling operations, enhancing platform capabilities, and potentially expanding market reach. This funding will likely be instrumental in solidifying IAGON's position in the competitive cloud services market, particularly within the burgeoning decentralized technology sector. The company's trajectory indicates a strong emphasis on technological advancement and market penetration.
See full Iagon company page