- Aethir, a trailblazer in Decentralized Cloud Infrastructure (DCI), successfully closes its Pre-A funding round at a valuation of $150 million.
- Funding aims to fuel the company’s global expansion and the development of its groundbreaking DCI, primarily targeting markets in South East Asia, Latin America, and North America.
- Aethir offers an innovative solution to cloud scalability challenges, particularly for customers requiring complex real-time rendering or streaming infrastructure.
- Investors have shown strong support, recognizing Aethir’s potential to revolutionize industries that rely heavily on cloud infrastructure, like gaming and AI.
Aethir is a pioneering company that specializes in building Scalable Decentralized Cloud Infrastructure (DCI). Established in 2021 by a team of experienced cloud industry veterans in Singapore, Aethir is ushering in a new era of cloud computing. With the successful completion of the recent Pre-A funding round, Aethir has proven that it is a force to be reckoned with in the tech world.
Tackling Cloud Scalability Challenges
Aethir is known for their unwavering commitment to addressing the cloud scalability issue. High costs associated with scaling the cloud, especially for customers who require complex real-time rendering or streaming infrastructure, have posed considerable challenges. Aethir’s revolutionary global DCI network is purpose-built to handle these scaling needs, marking a significant milestone for the future of industries such as gaming and AI.
“At Aethir, we’re laser-focused on solving the cloud scalability challenge. We’ve built a global DCI network specifically to scale complex cloud infrastructure services globally; a significant milestone for the future of the gaming and AI industry. The cost and performance advantages of our DCI are significant, and when coupled with our ability to operate in developed and developing markets alike, we’re unlocking a huge amount of potential value for our customers,” said Mark Rydon, Aethir Co-Founder, and CEO.
A Global Reach
Currently, Aethir serves a growing customer base, which includes high-profile enterprises, AI companies, and gaming studios. With the funds raised from the Pre-A funding round, Aethir plans to expedite its expansion into key markets, such as South East Asia, Latin America, and North America.
Demonstrating Consistent Growth
Under Rydon’s leadership, Aethir has shown remarkable growth. The company has successfully built a scalable and secure Decentralized Physical Infrastructure Network (DePIN) service to meet the rigorous demands of enterprise-grade gaming and AI applications.
The completion of the recent funding round follows a successful seed round led by Framework Ventures and Infinity Ventures Crypto. This milestone demonstrates the increasing demand for Aethir’s innovative solutions and underlines investors’ confidence in the company’s potential to reshape the gaming and AI industry through its DCI.
“We’re backing projects that are using the blockchain to solve real-world issues. Aethir is meaningfully expanding the addressable market for gaming and other streaming content in the world’s highest-growth (but hardware-constrained) markets. Everybody wins as Aethir expands – gamers, publishers, and globally distributed rendering node operators alike,” said Arthur Hayes, CIO of Maelstrom.
Han Kao, CEO of Sanctor Capital, echoed this sentiment: “For the metaverse to become a populated, engaging, virtual universe, the underlying infrastructure needs to support efficient, low-cost computation. Aethir is part of this next-generation infrastructure stack that unlocks the gaming and social communication possibilities we have been waiting for.”
With Aethir’s innovative approach to solving the challenges of cloud scalability and its growing reputation as a leader in DCI, the company is set to make a significant impact in the tech industry, paving the way for a new age of efficient, accessible, and scalable cloud computing.