Sia announces a $3.25M funding round led by Bain Capital Ventures with participation of other VCs: Bessemer Venture Partners, A.Capital, Collaborative Fund, Dragonfly Capital Partners, Hack VC, INBlockchain, SV Angel, and more. This will allow Sia team further fuel Sia development and scale up the development and operation teams. Sia team will be doing an AMA later this week or early next week, so stay tuned!.
What is Sia?
Sia is a decentralized cloud storage platform. Users of the platform have already stored over 4 PB of data across 925,000 storage smart contracts. The Sia network currently has 2 PB of available storage capacity and Sia software has been downloaded over 1 million times.