Cumulus Encrypted Storage System (CESS), a decentralized storage platform, has successfully raised $8 million from over 13 venture capital firms. This capital infusion will fuel technological advancements, global operations expansion, and strengthen CESS’s presence in the decentralized infrastructure sector. CESS functions as both a blockchain network and a decentralized storage system, offering a multi-layered architecture for secure and permanent data storage. The significant investment from firms like HTX Ventures, Infinity Ventures Crypto, and others underscores the growing demand for decentralized storage solutions. CESS aims to cater to large-scale commercial applications, highlighting its potential in sectors like the Metaverse, NFTs, DeFi, and more.
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