Distributed computing platform Expanso completes US$7.5 million in seed round financing, led by General Catalyst and Hetz Ventures

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Cointime2023/11/26 07:30

By:Cointime

Expanso, a distributed computing platform, has completed a $7.5 million seed round of financing, led by General Catalyst and Hetz Ventures, as reported by VentureBeat.It is reported that Expanso's CEO, David Aronchick, previously worked at Protocol Lab. He stated that the new funds will be used to promote the development of its open-source data processing platform, "Bacalhau," and to configure additional nodes to increase capacity to handle more data tasks, including distributed training of AI machine learning and processing application logs.

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