Fleek Raises $25M in Series A Funding

fleek

Fleek, a New York-based provider of a Web3 developer platform, raised $25M in Series A funding.

The round was led by Polychain Capital, with participation from Protocol Labs, Arweave, Coinbase Ventures, Digital Currency Group, North Island Ventures, Distributed Global, The LAO, and Argonautic Ventures.

The company intends to use the funds to develop and launch Fleek Network, a decentralized content and application delivery network.

Led by Harrison Hines, CEO, Fleek is a Web3 developer platform that enables web hosting and storage on several different Web3 protocols. The current Fleek platform was built mainly on Web2 infrastructure providers, such as AWS and Cloudflare, which has prevented the realization of fully decentralizing Web3 hosting and content delivery. Scheduled for launch in 2023, Fleek Network will provide true decentralized and censorship-resistant content and application delivery for Web3, while still achieving Web2-like performance.

It is a remote-first company headquartered in NY with more than 40 team members.

FinSMEs

02/12/2022