Cloudless Labs | Fluence
Fluence labs is looking to build web 3 protocols without reliance on proprietary cloud services.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor investor investor | €0.0 | round | |
* | $9.0m | Series A | |
| Total Funding | 000k | ||
| USD | 2022 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| % growth | - | 50 % |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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Fluence Network operates in the decentralized web space, providing a platform that empowers developers to build, monetize, and scale open-source applications. The company serves a diverse range of clients including application developers, compute providers, and open-source maintainers. Fluence Network's business model revolves around creating a collaborative ecosystem where developers can compose open services with new features and data, thereby accelerating the path to market for new applications. The platform allows developers to publish and monetize their free and open-source software (FOSS) projects by issuing usage licenses to other applications within the network. Compute providers can also benefit by offering compute and hosting services, thereby accessing new revenue streams. Fluence Network makes money through transaction fees and licensing within its decentralized ecosystem. The market it operates in includes decentralized web enthusiasts and developers who prioritize data ownership and security.
Keywords: decentralized, open-source, monetization, licensing, compute services, security, resilience, collaboration, FOSS, developers.