Filecoin Obtains $120,000 Seed Funding

  • Feed Type
  • 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