Blockcast raised $2.85M in a seed funding round led by Lattice Fund to build a decentralized CDN on Solana.
Blockcast raised $2.85M in a seed funding round led by Lattice Fund to build a decentralized CDN on Solana.
10/15/24, 1:43 PM
Location
Money raised
$2.85 million
Industry
blockchain
Round Type
seed
Investors
Anatoly Yakovenko, Rw3 Ventures, Zee Prime Capital, Alliance Dao, Finality Capital Partners, Protocol Labs, Lattice Fund
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 Info
Location
berkeley, california, united states
Additional Info
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.