{"id":29102,"date":"2020-09-23T20:25:40","date_gmt":"2020-09-23T17:25:40","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=29102"},"modified":"2025-08-27T15:06:12","modified_gmt":"2025-08-27T12:06:12","slug":"paradigm-leads-3m-investment-round-for-nebulous-the-sia-and-skynet-developer","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/paradigm-leads-3m-investment-round-for-nebulous-the-sia-and-skynet-developer\/","title":{"rendered":"Paradigm leads $3m investment round for Nebulous, the Sia and Skynet developer"},"content":{"rendered":"<p>Nebulous, the company behind the development of the decentralized cloud storage network Sia and the Skynet platform for hosting applications, announced that it has raised $3 million in funding. The funding round was led by Paradigm.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p dir=\"ltr\" lang=\"en\">We are thrilled to announce a $3M funding round led by <a href=\"https:\/\/twitter.com\/paradigm?ref_src=twsrc%5Etfw\">@paradigm<\/a> with participation from a powerhouse group of investors!<\/p>\n<p>Read more on our official press release and stay tuned on our rebranding to Skynet Labs.<a href=\"https:\/\/t.co\/FMlD5Xi6LL\">https:\/\/t.co\/FMlD5Xi6LL<\/a> <a href=\"https:\/\/t.co\/CjdIBzZVUZ\">pic.twitter.com\/CjdIBzZVUZ<\/a><\/p>\n<p>\u2014 Sia (@SiaTechHQ) <a href=\"https:\/\/twitter.com\/SiaTechHQ\/status\/1308455758917492737?ref_src=twsrc%5Etfw\">September 22, 2020<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Participants included Bain Capital Ventures, Bessemer Venture Partners, A.Capital, Collaborative Fund, Dragonfly, Capital Partners, Hack VC, INBlockchain, First Star Ventures and other investors.<\/p>\n<p>The funds raised will be used to accelerate development and scale Skynet.<\/p>\n<p>Nebulous launched the platform in February 2020. According to the statement, it has enabled the uploading and transferring of 1.6 million files totaling more than 10 TB. The project&#8217;s developers have created over 100 dapps.<\/p>\n<p>The company says Skynet provides the infrastructure for a &#8216;free internet, where data is accessible worldwide, controlled by the user, resistant to censorship and not fragmented in fenced gardens&#8217;.<\/p>\n<p>Nebulous also announced a rebranding. The company will change its name to Skynet to emphasise its focus on further developing the platform.<\/p>\n<p>Last year Nebulous settled SEC claims related to the sale of unregistered securities. The company agreed to pay the agency a penalty of $225,000.<\/p>\n<p>Subscribe to Forklog&#8217;s channel on <a href=\"https:\/\/www.youtube.com\/channel\/UCC9FnXTC8_ENzaNSO5cHQ6g\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"> YouTube<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nebulous, the company behind the development of the decentralized cloud storage network Sia and the Skynet platform for hosting applications, announced that it has raised $3 million in funding. The funding round was led by Paradigm.<\/p>\n","protected":false},"author":1,"featured_media":26216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1842,615,1133],"class_list":["post-29102","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cloud-service","tag-siacoin","tag-venture-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"24","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/29102","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=29102"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/29102\/revisions"}],"predecessor-version":[{"id":29103,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/29102\/revisions\/29103"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/26216"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=29102"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=29102"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=29102"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}