Pinata Raises $21.5M in Seed and Series A Funding
Summary
Pinata, an Omaha, NE-based provider of an NFT distribution platform, raised $21.5M in Seed funding. There platform lets creators build across any blockchain with a suite of tools to manage and serve content with super-fast uploading, streaming, and sharing. Pinata’s most recent feature additions include Dedicated Gateways, enabling creators to have custom branded, private IPFS nodes that fetch content quicker than the public network, and Submarining, which allows creators to make any content pinned to Pinata (and shared across blockchains) unlockable. With Submarining, users can share exclusive content with their followers based on parameters such as NFT ownership, time-sensitive, geo-location, and more. Early adopters have used the product to build platforms and web3 projects such as Bueno.Art, DappRadar, Curio, Tokenproof, Sound XYZ and NiftyLit.
Funding
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