Curated News
By: NewsRamp Editorial Staff
March 14, 2024
Clique Secures $8M in Series A Funding for Compute Coordination Network
TLDR
- Clique secured an $8 million funding round led by Polychain Capital to build a revolutionary compute coordination network.
- Clique's mission is to enable efficient compute resource allocation for applications with different preferences by utilizing a diverse range of compute vendors.
- Clique's technology aims to empower a vibrant digital economy by providing access to different compute resources and data easily, while adjusting for trust, privacy, performance, and cost.
- Clique has enabled over $3.5 billion in on-chain transactions and played a pivotal role in bootstrapping on-chain user data for prominent ecosystems.
Impact - Why it Matters
Clique's funding and mission to revolutionize compute coordination will impact the blockchain space, enabling efficient resource allocation and interconnection of computing power. This technology empowers a much more vibrant digital economy and offers developers and protocols a groundbreaking opportunity to integrate with Clique's SDK.
Summary
Clique, a pioneering infrastructure company, has secured $8 million in Series A funding led by Polychain Capital to build a compute coordination network. The round saw participation from Bankless, Robot Ventures, Santiago R. Santos, and other notable angels. Clique aims to enable efficient compute resource allocation for applications with different preferences, utilizing a diverse range of compute vendors. Founded by Kevin Yu and Jaden Yan, Clique has been a trailblazer in the blockchain space, enabling over $3.5 billion in on-chain transactions and bootstrapping on-chain user data for prominent ecosystems.
The Clique Compute Coordination Network organizes off-chain compute resources, allowing applications to access different compute resources and data easily. Developers and protocols interested in integrating with Clique's SDK are encouraged to reach out to the team at hello@clique.tech.
Source Statement
This curated news summary relied on content disributed by BlockchainWire. Read the original source here, Clique Secures $8M in Series A Funding for Compute Coordination Network
