Blockchain Startup Storj Targets Enterprise Cloud With $3 Million Raise
Decentralized storage startup Storj Labs announced today it has raised $3m in seed funding.
Remaining holders of Storj Labs' early SJCX token need to act soon to avoid losing their investments.
Decentralized data storage startup Storj is hoping to boost its growth with the hire of Ben Golub, former CEO at software firm Docker.
The storage system splits files and stores them on multiple nodes to provide more security than centralized alternatives.
Not many tokens are taking steps to clarify how they're handling their own funds. Storj, however, did just that with a surprise announcement Tuesday.
Storj Labs intends to move its decentralized storage service to the ethereum blockchain, the startup announced in a blog post today.