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Enterprise Infrastructure Series A Founded 2015

Sia

Sia provides blockchain-based cloud storage software for businesses. It offers blockchain-secured, enterprise-grade, distributed, and encrypted storage for business data. Participants can either offer storage (Farm) or buy storage (Store) and it encrypts & distributes files across a decentralized network to maintain data security. It enables user access to a subscripiton-based pricing module. The company was founded…

📍 Boston, United States · Enterprise Storage,

Funding snapshot

Last roundSeries A
Amount$3M
Date22 September 2020
Total raised$4M
Team size43

About

Sia provides blockchain-based cloud storage software for businesses. It offers blockchain-secured, enterprise-grade, distributed, and encrypted storage for business data. Participants can either offer storage (Farm) or buy storage (Store) and it encrypts & distributes files across a decentralized network to maintain data security. It enables user access to a subscripiton-based pricing module. The company was founded in 2015 and headquartered in Boston, United States. It has raised $3.8M in series a funding, with backing from Paradigm, Bain Capital Ventures, Dragonfly Capital, Raptor Group, and others. The company operates in the Enterprise Infrastructure - Enterprise Storage, High Tech - Blockchain Infrastructure, Blockchain Technology - Blockchain Infrastructure space. Blockchain-based cloud storage software. Its offerings span Blockchain Infrastructure - Decentralised Cloud Storage.

Business model

Enterprise Storage > Cloud Storage > Decentralized Cloud Storage,

Blockchain Infrastructure > Decentralised Cloud Storage

Founders & team highlights

Serial Founder

Institutional investors

Paradigm Bain Capital Ventures Dragonfly Capital Raptor Group Fenbushi Capital First Star Ventures Longmen Agile Angel UMANA House of Funds DRAGONFLY Blockchain R&I Dizer capital INBlockchain Tyr Capital Skyblock Capital

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