Arweave raised $5 M in a new round of funding on 2019-11-04.
AR
AR
-4.46%
According to media reports, Arweave raised $5 M in a new round of funding on 2019-11-04. the investors in this funding round include Andreessen Horowitz,Multicoin Capital,USV and others. Following this round, Arweave's total funding reached $14 M.
Arweave is a decentralized data storage protocol built on blockweave technology. It is developing an underlying network where data can be stored forever and accessed on its permaweb, a secondary layer where data is accessible in a human-readable manner (e.g. via web browsers). To financially incentivize data storage providers, Arweave has its own token, AR. The Arweave mainnet was launched in June 2018.
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AR Fundraising History
| Round | Amount | Valuation | Time | Investor(s) |
|---|---|---|---|---|
| -- | $5 M | -- | 2019-11-04 | Andreessen Horowitz,Multicoin Capital,USV |
Key Milestones
- 2020-03-06Arweave raised $ 8.3 M in funding round
- 2019-11-05Arweave raised $ 5 M in funding round
- 2018-06$AR was live for trading
- 2018-05-01Arweave raised $ 1.57 M in Public Sale round
24-Hour High
$7.07
24-Hour Volume
$4.00M
All-Time High
$89.24
All-Time Low
$0.2987
Market Cap / FDV
99.17%
FDV
$455.33M
24-Hour Low
$6.36
Market Cap
$451.56M
Circulating Supply
65.45M AR
Total Supply
65.45M AR
Max Supply
66.00M AR
Market Sentiment
--
| 1H | 24H | 7D | 30D | 1Y |
|---|---|---|---|---|
1.68% | 7.85% | 11.83% | 36.88% | 67.07% |
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