fbpx
  • Topics
    • AI & Big Data
    • AR & VR
    • Blockchain
    • Clean Technology
    • Content & Games
    • Cybersecurity
    • Enterprise & SaaS
    • Gadgets & Electronics
    • Health & Bio
    • FinTech
    • IoT
    • Transportation & Logistics
    • Marketplaces & E-commerce
    • Ecosystem
    • Robotics
    • Investments
    • EdTech
    • Featured
  • Deals
    • Private Equity
    • Venture Capital
    • IPO & Markets
  • Interviews
    • Investors’ interviews
    • Founders’ interviews
  • Governments
  • Lists
  • MORE
    • Events
    • Startups Advice
  • Submit an Article
  • REGISTER
  • login
No Result
View All Result
No Result
View All Result
Home Featured

Singapore startup CyberHash raises $20m in Lemon-led funding

Team AsiaTechDaily by Team AsiaTechDaily
02 January 2022
in Featured, Venture Capital
0
CyberHash
1
SHARES
Share on FacebookShare on Twitter
Bookmark (0)

Please login to bookmark

No account yet? Register

CyberHash, a Singapore-based distributed storage solutions startup, has announced raising $20 million in an early-stage funding round led by venture capital investor Lemon with participation from tech investor Alex Zhu.

The startup provides cloud storage facility that provides a stable, secure, and efficient solution to its distributed storage services, as per the announcement.

It will use the fresh capital to expand its facility, increase its operations in Asia, employ 50 people, and increase mainstream adoption of distributed storage solutions. CyberHash’s core team is from AWS Singapore.

Distributed storage provider is capital intensive and not all businesses have the resources and means to explore this powerful technology.

The firm remedies this painful problem by offering services that businesses can obtain at significantly lower costs. This business model has been termed “storage-as-a-service” by CyberHash COO Jacky Teo.

Teo earlier said CyberHash would focus on forming high-profile partnerships with enterprises around the globe. The firm will also tighten the integration of its products, ensuring that CyberHash plays a central role in its ecosystem. CyberHash’s COO also supplement that

“When you take away the barrier to entry, you encourage participation rates to skyrocket. We are adoption-focused, developing open-source tools to enable any organization in any sector to use our toolkits to embrace distributed storage solution in a simple to use and no-code environment,” Teo said.

According to research, the distributed storage market is expected to expand near twentyfold in 2028 on the back of driver business models and breakthroughs in storage enabling technologies.

In 2019, Germany, Japan, China, and the US, and the UK accounted for 78% of the global market, with Italy, Australia, India, France, and South Korea making up the top 10.

Previous Post

BioMe Inc. & Yonsei Medical Center sign technology transfer contract for pathbreaking microbiome treatment

Next Post

Borzo acquires Indian delivery service NOW, to boost its position in Asia

Related Posts

edit post
MADCash Secures RM5 Million in Funding to Empower Women Entrepreneurs
Venture Capital

MADCash Secures RM5 Million in Funding to Empower Women Entrepreneurs

October 3, 2023
edit post
Singapore’s InterContinental Energy Attracts $115M Funding from GIC and Hy24
Energy

Singapore’s InterContinental Energy Attracts $115M Funding from GIC and Hy24

September 29, 2023
edit post
Biotech Startup Automera Raises $16 Million in Series A Round Led by ALSP and ClavystBio
Health & Bio

Biotech Startup Automera Raises $16 Million in Series A Round Led by ALSP and ClavystBio

September 27, 2023
edit post
CEO Jung Hae-hyun of Newjak
Content & Games

CEO Jung Hae-hyun of Newjak is to promote K-culture in the global market with XR content

September 25, 2023
edit post
View of Pangyo Techno Valley (Image source: Pangyo Techno Valley website)
Events

Gyeonggi Province Economic and Science Promotion Agency Facilitates Global Expansion for Pangyo Startups

September 26, 2023
edit post
GGV Capital Follows Sequoia’s Lead, Splits in Response to U.S.-China Tensions
Governments

GGV Capital Follows Sequoia’s Lead, Splits in Response to U.S.-China Tensions

September 22, 2023
Next Post
edit post
Borzo

Borzo acquires Indian delivery service NOW, to boost its position in Asia

Discussion about this post

No Result
View All Result

Popular Posts

  • The Top 5 Dating Apps In Asia – 2023

    85 shares
    Share 34 Tweet 21
  • Japanese EV Startup Terra Motors Raises $28 M in Series C Funding for Infrastructure Expansion

    41 shares
    Share 16 Tweet 10
  • How Rohan Gupta Co-Founder And CEO Of QuillBot Raised $4.25M To Make Writing Painless?

    19 shares
    Share 8 Tweet 5
  • Inshorts CEO Azhar Iqubal: The entrepreneur who got news curated for the Millenials & Gen Z 

    18 shares
    Share 7 Tweet 5
  • Kimberly Yao, CEO And Co-Founder Of CloudEats- A Pioneer Cloud Restaurant Company In SouthEast Asia

    16 shares
    Share 6 Tweet 4
  • How Roland Ros, Founder Of Kumu Raised $6M To Build The #1 Grossing Social App In the Philippines?

    16 shares
    Share 6 Tweet 4
  • Singapore’s VTAC Seals $676 Million Deal to Acquire 17Live Streaming Platform

    15 shares
    Share 6 Tweet 4
  • Top 10 Fintech Startup Investments Powering Southeast Asia in 2023

    15 shares
    Share 6 Tweet 4
  • Yoma Strategic announces plan to acquire Telenor Group’s stake in Wave Money

    13 shares
    Share 5 Tweet 3
  • Indian FinTech startup Jar raises US$32 million in Series A

    11 shares
    Share 4 Tweet 3




  •  Australia
  •  Austria
  •  Bangladesh
  •  Bhutan
  •  Brunei
  •  Bulgaria
  •  Cambodia
  •  Canada
  •  China
  •  Dubai
  •  Europe
  •  Finland
  •  France
  •  Germany
  •  Greater China
  •  Hong Kong
  •  India
  •  Indonesia
  •  Ireland
  •  Israel
  •  Japan
  •  Laos
  •  Lithuania
  •  Malaysia
  •  Mexico
  •  Mongolia
  •  Myanmar
  •  Nepal
  •  Netherlands
  •  New Zealand
  •  Norway
  •  Pakistan
  •  Philippines
  •  Poland
  •  Puerto Rico
  •  Qatar
  •  Russia
  •  Signapore
  •  Singapore
  •  South Korea
  •  Sweden
  •  Switzerland
  •  Taiwan
  •  Thailand
  •  Turkey
  •  Ukraine
  •  United
  •  United Kingdom
  •  United States
  •  Uzbekistan
  •  Vietnam

Topics

  • AI & Big Data
  • AR & VR
  • Blockchain
  • Clean Technology
  • Content & Games
  • Cybersecurity
  • Enterprise & SaaS
  • Gadgets & Electronics
  • Health & Bio

  • Ecosystem
  • EdTech
  • Featured
  • FinTech
  • Investments
  • IoT
  • Marketplaces & E-commerce
  • Robotics
  • Transportation & Logistics

FREE NEWSLETTER

Follow Us

Copyright © 2023 AsiaTechDaily.com| About Us | Seed accelerator| Terms of Use| Privacy Policy| Cookie Policy Contact : [email protected] | DMCA.com Protection Status | trusted by Wimgo

No Result
View All Result
  • Topics
    • AI & Big Data
    • AR & VR
    • Blockchain
    • Clean Technology
    • Content & Games
    • Cybersecurity
    • Enterprise & SaaS
    • Gadgets & Electronics
    • Health & Bio
    • FinTech
    • IoT
    • Transportation & Logistics
    • Ecosystem
    • Marketplaces & E-commerce
    • Robotics
    • Investments
    • Featured
  • Deals
    • Private Equity
    • Venture Capital
    • IPO & Markets
  • Interviews
    • Investors’ interviews
    • Founders’ interviews
  • Governments
  • Lists
  • MORE
    • Events
    • Startups Advice
  • Submit an Article
  • Forums
  • Jobs
  • REGISTER
  • Login

Copyright © 2023 AsiaTechDaily.com| About Us | Seed accelerator| Terms of Use| Privacy Policy| Cookie Policy Contact : [email protected] | DMCA.com Protection Status | trusted by Wimgo

We hope you enjoy our content, May you please give us Feedback regarding our website!

Single Post Feedback