W3BCLOUD is a global network of high-performance data centers aimed at enabling Web 3.0 and the blockchain economy. Launched in 2018, it is a joint venture between Advanced Micro Devices and ConsenSys. As the first independent enterprise cloud computing blockchain infrastructure, it focuses on blockchain validation, high-performance compute workloads, hosting blockchain nodes, and decentralized finance (DeFi). The recent $20.50M Convertible Note investment on 25 June 2020 from AMD and ConsenSys consolidates its position in the blockchain technology space, increasing transaction speed with state-of-the-art security. With headquarters in Ireland, W3BCLOUD is set to play a critical role in shaping the future of the blockchain economy.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Convertible Note | $20.50M | 2 | AMD, ConsenSys | 25 Jun 2020 |
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