Nirvana Labs raises 6 million USD for cloud computing

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Nirvana Labs Completes New Funding Round

Nirvana Labs, a blockchain cloud computing company, has just completed a $6 million extended seed funding round. Led by Jump Crypto and Crucible Capital, this funding round also included participation from RW3 Ventures, Castle Island, and Hash3 VC, bringing the total capital raised to $11.8 million.

The highlight of Nirvana Labs is the use of bare metal infrastructure to provide computing services specifically for the cryptocurrency sector. Unlike traditional cloud providers that often concentrate resources, each server of Nirvana serves only a single customer.

Advanced Infrastructure Services

Nirvana has served many major infrastructure providers such as BitGo and Fireblocks, as well as protocol platforms like Avalanche and Berachain. What sets Nirvana apart is its ability to serve each customer exclusively, ensuring optimal security and performance for each service.

Nirvana is planning to expand its end-to-end services to support organizations deploying startups like DoubleZero, helping to optimize Internet filtering. The company is also aiming to enhance user experience through proprietary infrastructure and high security.

Market Information

However, this information is for market informational purposes only and is not investment advice. The advancements and strategies of Nirvana Labs demonstrate significant potential in providing specialized computing services for the cryptocurrency sector, opening up vast development opportunities in the future.

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