Sunday, February 5, 2023

Fleek Raises USD 25 Million to Deliver Content to Web3 Developers

By ET Bureau - December 05, 2022 1 Mins Read

Fleek, a Web3 developer platform, has announced it has raised USD 25 million in new funding led by Polychain Capital to construct a decentralized content delivery and hosting network for Web3 developers.

Protocol Labs, Arweave, Coinbase Ventures, Digital Currency Group, North Island Ventures, Distributed Global, The LAO, and Argonautic Ventures were among the additional investors in the Series A round. Fleek, which was established in 2018, is a developer platform for Web3 protocols, also referred to as the decentralized web, and Blockchain-based decentralized applications.

Also Read: Atos establishes AWS Data Lake Accelerator for SAP increasing customers’ business performance and outcomes

The current platform was developed to primarily deliver its content from corporate-controlled Web 2.0 content networks like Amazon Web Services and Cloudflare.

Read More: Fleek raises $25M to provide content delivery for Web3 developers

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ET Bureau

The Enterprise talk Bureau has five well-trained writers and journalists, well versed in B2B enterprise technology industry, and constantly in touch with industry leaders for the latest trends, opinions, and other inputs- to bring you the best and latest in the domain.

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