Decentralized cloud storage solution provider Akave completes $6.65 million seed round funding with participation from BBF and others

Odaily News Decentralized cloud storage solution provider Akave has announced the completion of a $6.65 million seed round. Participants include CVP NLH Advisors, Protocol Labs, No Limit Holdings, Blockchain Builders Fund (BBF), Big Brain Holdings LLC, the Avalanche Foundation, and the Filecoin Foundation, among others. Akave Cloud is built on the Layer 1 blockchain Avalanche and aims to support enterprises running data-intensive AI and analytics workloads. The new funds will primarily be used to expand sales and marketing efforts. (Businesswire)