Filecoin Obtains $120,000 Seed Funding
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=643f7f8b-db69-4577-9998-435fd83e4a2e - Date
8/19/2014 - Company Name
Filecoin - Mailing Address
Undisclosed Palo Alto, CA 94301 USA - Company Description
You install Filebox — the Filecoin mining client — and allocate some disk space to rent. Filebox then stores others’ files to mine Filecoin for you. With Filebox, you can spend Filecoin to store your files in the network. Other miners will then replicate your files. - Website
http://www.filecoin.io - Transaction Type
Accelerator - Transaction Amount
$120,000 - Transaction Round
Seed - Proceeds Purposes
The company will use the proceeds to accelerate its initial development. - M&A Terms
- Venture Investor
