SONM’s blockchain-based decentralized fog computing platform.
Business Model: B2C
Revenue: $0
Employees: 11-50
Address: 195 Pearl’s Hill Terrace
City: Singapore
State: central singapore
Zip: 168976
Country: SG
SONM, the autonomous decentralized system and blockchain-based marketplace, offers a comprehensive alternative to the cloud using a fog computing structure. SONM allows users to connect their personal devices to one virtual space, creating a decentralized platform where consumers and suppliers can rent and purchase computing power from one another to be used for specific computerized tasks. SONM released its MVP Testnet in December 2017, after successfully raising $42 million in July, to provide developers with the opportunity to test SONM’s wide range of fog computing services. Developers also are given the chance to relay critical feedback and necessary improvements to be made to the platform, ahead of the product’s first commercial release in June 2018.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 6/2017 | Initial Coin Offering | 1 | $42M |
George Burke George Burke |
2/2017 | Pre Seed Round | $500k |
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