Web3 infrastructure Spheron completed a $7 million funding round last August

2023-10-18 12:41:01

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ChainCatcher news, Web3 infrastructure Spheron recently revealed in a press release that the team completed a round of $7 million financing in August 2022, with participation from Alphawave Ventures, NexusVP, Zee Prime Capital, Protocol Labs, ConsenSys Mesh, Paradigm Shift Capital, Matrix Partners India, Tykhe Ventures, Sandeep Nailwal, Aniket Jindal, and Julian Traversa.

According to the RootData page, Spheron Protocol is a blockchain-based decentralized network application deployment and hosting platform aimed at revolutionizing the web hosting ecosystem. It completed a $1.3 million seed round financing in April 2021. Currently, Spheron is entering the second phase of its roadmap, with the main goal of addressing user experience, security, and reliability issues at the Web3 infrastructure layer.

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Spheron investment and financing

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