Optimum has successfully raised $11 million in a seed round to build a decentralized memory layer for blockchains. The funding was led by 1kx with participation from various prominent investors.
Optimum has successfully raised $11 million in a seed round to build a decentralized memory layer for blockchains. The funding was led by 1kx with participation from various prominent investors.
04/15/25, 1:41 PM
Location
cambridgeMoney raised
$11 million
Industry
blockchain
Round Type
seed
Investors
Reforge, Caladan, Gsr, Animoca, Ngc, Longhash, Cms, Big Brain, Triton Capital, Snz, Cmt Digital, Spartan, Finality Capital, Robot Ventures, 1kx
Optimum, a decentralized memory layer for blockchains, has raised an $11 million seed round aimed at enhancing data storage and access. The round was led by 1kx and included several notable investors. The company is developing innovative solutions using Random Linear Network Coding (RLNC), conceived by MIT professor Muriel Médard. This funding will support Optimum in tackling inefficiencies in data propagation and storage within blockchain environments.
Company Info
Location
cambridge, massachusetts, united states
Additional Info
Optimum is the world's first decentralized high-performance memory infrastructure for any blockchain. Powered by Random Linear Network Coding (RLNC), Optimum scales L1/L2 speed, robustness and throughput by orders of magnitude, enhancing dapp performance and end-user experience.