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TechFlow news — Geneva-based cloud infrastructure provider Hive has announced the completion of a $13 million Series A funding round, led by SC Ventures, the venture capital arm of Standard Chartered Bank, with participation from OneRagtime and others.
Hive aims to reshape the centralized model of cloud computing by aggregating unused hard drive space and computing power from personal devices to provide a decentralized alternative.
Hive, a Geneva-based cloud infrastructure provider, announced the completion of a $13 million Series A funding round led by SC Ventures, the venture investment arm of Standard Chartered Bank, with participation from OneRagtime and others. Hive aims to reshape the centralized model of cloud computing by aggregating unused hard drive space and computing power from personal devices to provide a decentralized alternative.
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