Poseidon Network
Build a Sharing Economy for decentralized web with the world’s unused bandwidth, storage, and computation.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| N/A | N/A | Angel | |
| Total Funding | 000k | ||
| USD | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 9 % | - | (61 %) |
| EBITDA | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
Related Content
Poseidon Network operates in the blockchain and content delivery market, providing a decentralized Content Delivery Network (CDN) solution. The company leverages unused bandwidth and storage from various devices such as NAS, desktops, and mobile devices globally. This approach not only optimizes bandwidth but also integrates seamlessly with existing internet and blockchain infrastructure. Poseidon Network's business model involves incentivizing users to share their idle resources in exchange for rewards, creating a token economy. The company serves a diverse range of clients including e-commerce platforms, content industries, gamer communities, and live streaming services. By offering a decentralized alternative to traditional cloud services like GCP and AWS, Poseidon Network provides a cost-effective and faster solution. The company generates revenue by selling the aggregated idle resources to businesses in need.
Keywords: blockchain, CDN, decentralized, bandwidth optimization, token economy, NAS, e-commerce, content delivery, live streaming, fog computing.