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Decentralized cloud storage solution provider Akave completes $6.65 million seed round financing, with participation from CVP NLH Advisors and others.
Mars Finance reports that decentralized cloud storage solution provider Akave has announced the completion of a $6.65 million seed round funding. Investors include CVP NLH Advisors, Protocol Labs, No Limit Holdings, Blockchain Builders Fund (BBF), Big Brain Holdings LLC, Avalanche Foundation, and Filecoin Foundation. Akave Cloud is built on Layer 1 blockchain Avalanche and aims to support enterprises running data-intensive AI and analytics workloads. The new funds will mainly be used to expand sales and marketing.