ARO Network Secures $2.1 Million in Pre-Seed Funding for Decentralized Edge Cloud Development

ARO Network has completed a $2.1 million pre-seed financing round, led by NoLimit Holdings and Dispersion Capital, to enhance its decentralized edge cloud platform for P2P content delivery and AI computing.

EIGEN

Summary

ARO Network has successfully secured $2.1 million in pre-seed financing to advance its decentralized edge cloud platform aimed at peer-to-peer content delivery and AI computing. The funding was led by NoLimit Holdings and Dispersion Capital, with contributions from Escape Velocity, Maelstrom, and several strategic angels. This investment will help ARO Network transform idle Internet bandwidth and computing power into a scalable P2P content distribution network, focusing on low latency and cost-effectiveness while integrating with ecosystems like EigenLayer, Base, and IoTex.

Terms & Concepts
  • Decentralized Edge Cloud: A distributed computing framework that processes data closer to the source, enhancing speed and efficiency.
  • P2P Content Distribution: A method of sharing digital content directly between users without relying on a central server.