Socket Supply Co, a NYC-based developer tools company, advancing cloud computing, raised $3.5M in seed funding.
The round was led by CoinFund and Galaxy Digital with participation from Castle Island Ventures, PeerVC, and 100 Acre Ventures.
The company intends to use the funds to grow the team through strategic hires, particularly in the areas of protocol, open source, and product development.
Led by CEO Paolo Fragomeni, CPO Dominic Tarr, and CTO Jake Verbaten, CTO, Socket Supply Co. is advancing cloud computing via a suite of applications that simplify web deployment, and an open source framework. It makes it possible for web developers to deliver on Web3 by combining peer-to-peer and browser engine technology. Along with their cloud console product, they will help web developers to use platforms like AWS, and command a whole new class of infrastructure.
Their cloud console product currently in alpha, Operator Tools, streamlines essential web developer workflows for Serverless Functions, NoSQL, and cloud storage like S3. The product’s real-time, p2p collaboration features are made possible by their framework, which allows them to build decentralized, native mobile and desktop apps, all with web-based technology. Socket Supply plans to open source this framework, and is looking for technology partners to provide early feedback.
The roadmap includes a phased approach to steadily introducing other protocols and cloud providers as well as an exciting development that resembles Kubernetes.
FinSMEs
12/04/2022