Althea replaces ISPs with a fully automated bandwidth market.
Business Model:
Revenue: $0
Employees: 1-10
Address:
City: San Diego
State: California
Zip:
Country: United States
Althea allows people to bring faster, cheaper internet to their communities. The protocol allows networks and devices to negotiate with one another for internet bandwidth, reducing inefficiency and eliminating middlemen in the mobile and fixed broadband markets. Althea is currently mostly deployed in wireless networks- small antennas on rooftops spread the signal, while their owners earn money. Anyone can join an existing Althea network, and invest in equipment to expand its capacity and get compensated by the protocol.
Contact Phone:
Contact Email:
Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 9/2018 | Seed Round | 2 | $100k |
Coral KR1 Coral KR1 |
5/2019 | Equity Crowdfunding | 1 | - |
Erhan Bilici Erhan Bilici |
5/2019 | Equity Crowdfunding | 1 | - |
Erhan Bilici Erhan Bilici |
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