news
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Karol Wypchlo
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title: "Sia Announces $3M Seed Round to Accelerate Development and Adoption of the Web3 platform Skynet"
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date: "2020-09-22"
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description: "Paradigm leads the round of financing; Nebulous to solely focus on Skynet"
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author: "Skynet Labs Inc"
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categories: ["press release"]
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avatar: "../images/skynet-avatar.png"
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thumbnail: "../images/press-release.png"
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**Boston, MA – September 22nd, 2020** — Nebulous, the company building the Sia decentralized cloud storage platform and the Skynet application hosting platform, today announced it has closed a $3M funding round led by Paradigm with participation from Bain Capital Ventures, Bessemer Venture Partners, A.Capital, Collaborative Fund, Dragonfly Capital Partners, Hack VC, INBlockchain, First Star Ventures, and other notable investors. The round will help the company scale and accelerate the development and adoption of Skynet.
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Today’s internet monopolized by tech giants struggles with fundamental challenges in privacy, reliability, and has excessive control over our data and the way we interact with the world. Skynet enables high speed, low cost, and superior infrastructure to serve as the storage foundation for a free Internet. Where data is globally accessible, user-controlled, censorship-resistant, and not fragmented in walled gardens.
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Skynet empowers developers to deploy applications to a decentralized network in just minutes and be immediately available to everyone across the world. Importantly, end-users can directly access content on Skynet without needing to run full nodes or deal with cryptocurrencies. It paves the path for more powerful applications, more dynamic user experiences, and disintermediates the web to ensure that publishers and creators are paid the full amount that they deserve. Skynet enables the decentralized web ecosystem to realize the full potential of a free internet.
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“The possibilities created by Skynet blow our minds. The project has enabled a growing ecosystem of builders to quickly prototype censorship-resistant applications and interactive websites including interfaces to Ethereum smart contracts like Uniswap,” said Dan Robinson, Research Partner at Paradigm. “We’re investing in the Skynet team because we believe they have the right combination of talent, experience, and community to shepherd us into the era of the Decentralized Web.”
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Nebulous launched the Skynet platform back in February 2020 and since then has seen accelerated growth in developer interest and usage. More than 1.6 million files have been uploaded and shared amounting to 10+ TB of data using Skynet. A thriving community of developers has built over 100 applications in the span of a few months including a Video Streaming app SkyLive, Blogging apps like Wakio and Skyblog Builder, Video & Image gallery app SkyGallery, and a Decentralized AppStore Skydroid. The full list of Skynet Apps can be explored at the Skynet AppStore. We believe the next generation of Twitter, Medium, TikTok will be built on Skynet.
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By building on the Sia network, Skynet delivers a 10x reduction in storage costs and a 100x reduction in bandwidth costs when compared to centralized providers, without sacrificing performance or reliability. Skynet achieves 1 gigabit per second in download and uploads speeds, with more improvements coming in future releases.
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“For the first time, the decentralized web feels within reach. We’re not talking about a web that is technically feasible yet crippled compared to the centralized alternatives, we are talking about a decentralized web that will become an unstoppable force” said David Vorick, Nebulous CEO and Skynet Lead Developer. “Ten years from now, using centralized applications instead of decentralized applications will feel like using a fax machine instead of email.”
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In addition to the funding news, Nebulous is announcing its rebranding to Skynet to solely focused on developing and growing the Skynet ecosystem. Next-generation applications are already being built on Skynet with more developers joining the community every day. Skynet is different from any platform or technology than has ever been built before. Because of that, we are thrilled to be doubling down on what we know will become the future of the Internet.
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Interested in Skynet? Learn more at siasky.net, join us on Discord, or email us at hello@sia.tech.
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Want to help us re-decentralize the Internet? Nebulous is hiring for positions in marketing and developer evangelism. Learn more about our projects and apply today!
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## About Nebulous
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Nebulous builds uncompromising software infrastructure for the decentralized internet. This includes Sia, the leading decentralized cloud storage platform, and Skynet, a content and application hosting platform.
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Nebulous defines uncompromising infrastructure as scalable, trustless, secure, and – most important – fully decentralized. In a blockchain industry filled with hype but lacking substance, Nebulous stands out as one of the few deeply technical teams that consistently deliver real products with significant potential.
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Nebulous, Inc. was founded in 2014 and is headquartered in Boston. Before the round led by Paradigm, Nebulous was funded by Bain Capital Ventures, A.Capital, Bessemer Venture Partners, Dragonfly Capital Partners, First Star Ventures, and other notable investors.
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## About Paradigm
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Paradigm is a crypto-focused investment firm based in San Francisco founded by Fred Ehrsam and Matt Huang. The firm makes investments focusing on crypto and blockchain technologies from the earliest stages of ideation through maturity. Prior to founding Paradigm, Fred co-founded Coinbase, the largest cryptocurrency company in the US, and Matt was a partner at Sequoia Capital focusing on early-stage venture investments including leading the firm’s cryptocurrency efforts.
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title: "Skynet Announces SkyDB, Unlocking a Fully Decentralized Internet"
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date: "2020-10-15"
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description: "SkyDB enables decentralized social media to take on `The Social Dilemma`"
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author: "Skynet Labs Inc"
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categories: ["press release"]
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avatar: "../images/skynet-avatar.png"
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thumbnail: "../images/press-release.png"
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---
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**Boston, MA – October 15th, 2020** — Skynet Labs, the company building the Sia decentralized cloud storage platform and the Skynet application hosting platform, today announced the launch of SkyDB, a framework that allows developers to build feature-complete applications that compete with the likes of Youtube, Twitter, Instagram, and Tiktok.
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The fabric of our society and the way we interact with each other has been heavily influenced and altered by the rise of social media platforms. Biased algorithms amplify stereotypes, constant streams of content compete for our attention, and manipulated narratives wedge digital divides across political ideologies and cultural identities. As pertinently pointed out by the popular Social Dilemma documentary, “We have moved from a tools-based technology environment to an addiction and manipulation based technology environment"
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SkyDB enables developers to realize the full potential of a Free Internet. Building these Web3 applications not only has benefits of privacy and control over one’s data but it ushers innovation currently impossible in the siloed centralized web of today. SkyDB is a framework that allows users to create decentralized accounts and store mutable data in those accounts which can be accessed globally from any device. The user does not need to sync any blockchains or run any special software — a normal web browser is sufficient. For more details on the inner workings of SkyDB and the potential it unlocks, check out our latest blog post.
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“Today is a turning point in history where the decentralized web starts to eat the centralized web,” said David Vorick, Skynet Labs CEO and lead developer. “Skynet gives developers more tools to create better experiences for users. Skynet in many senses is the first true cloud, where all data is available everywhere, regardless of the original application.”
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Skynet was launched back in February 2020 and since then has seen accelerated growth in developer interest and usage. Users around the world have uploaded more than 2.5 million files amounting to 15+ TeraBytes of data using Skynet. In October, Skynet crossed a record-high of 150,000 downloads in a single day.
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A thriving community of developers has built over 150 applications in the span of a few months including a Video Streaming app SkyLive, Blogging apps like Wakio and Skyblog Builder, Video & Image gallery app SkyGallery, a Decentralized AppStore Skydroid. The full list of Skynet Apps can be explored at the Skynet AppStore, and an English language Wikipedia clone.
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“Next-generation applications are already being built on Skynet with more developers joining the community every day,” said Manasi Vora, Skynet Labs’ VP Strategy & Operations. “Skynet shines in how its easy to use not just for developers but also for the end-users, a rarity in the blockchain space.”
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By building on the Sia network, Skynet delivers a 10x reduction in storage costs and a 100x reduction in bandwidth costs when compared to centralized providers, without sacrificing performance or reliability. Skynet achieves 1 gigabit per second in download and uploads speeds, with more improvements coming in future releases.
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Interested in Skynet? Learn more at Siasky.net join us on Discord, and email us at hello@sia.tech.
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## About Skynet Labs
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Skynet Labs, previously known as Nebulous, builds uncompromising software infrastructure for the decentralized internet. This includes Sia, the leading decentralized cloud storage platform, and Skynet, a content and application hosting platform.
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Skynet Labs defines uncompromising infrastructure as scalable, trustless, secure, and – most important – fully decentralized. In a blockchain industry filled with hype but lacking substance, Skynet Labs stands out as one of the few deeply technical teams that consistently deliver real products with significant potential.
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Nebulous, Inc. was founded in 2014 and is headquartered in Boston. It is funded by Paradigm, Bain Capital Ventures, A.Capital, Bessemer Venture Partners, Dragonfly Capital Partners, First Star Ventures, and other notable investors.
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title: "Sia Announces Skynet, the Storage Foundation for a Free Internet"
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description: "Skynet is available with Sia version 1.4.3 and ready to use today!"
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date: "2020-02-18"
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author: "Skynet Labs Inc"
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categories: ["press release"]
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avatar: "../images/skynet-avatar.png"
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thumbnail: "../images/press-release.png"
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**Boston, MA – February 18, 2020** — Nebulous, the company building the Sia decentralized cloud storage network, today announced the launch of Skynet, a decentralized CDN and file sharing platform for application developers. Skynet enables high speed, low cost, and superior infrastructure to serve as the storage foundation for a free Internet.
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Today’s decentralized applications (dapps) largely rely on centralized data storage providers like Amazon, due to the lack of reliable, fast, and production-ready decentralized alternatives. This makes it difficult for developers to build truly decentralized applications and prevents the dapp ecosystem from realizing the real potential of a Free Internet.
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Skynet provides an easy-to-use data storage and publishing mechanism on which developers can build decentralized applications. With a simple API and SDKs for popular programming languages, Skynet empowers developers to easily integrate decentralized storage into their applications. Importantly, end-users can directly access files on Skynet without needing to run full nodes or deal with cryptocurrencies.
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By building on the Sia Network, Skynet delivers a 10x reduction in storage costs and a 100x reduction in bandwidth costs when compared to centralized providers, without sacrificing performance or reliability. Amazingly, Skynet achieves 1 gigabit per second in download and uploads speeds, with more improvements coming in future releases.
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“After seven years of nonstop work, applications built on decentralized storage are finally viable. I can say without a doubt that Skynet is the most powerful tech we've ever built” said David Vorick, Nebulous CEO and Sia Lead Developer. “Skynet makes it possible for content and applications to be deployed to a decentralized network just in seconds and be immediately available to everyone across the world.”
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Our vision for Skynet involves supporting decentralized content publishing. Whether through news articles, blog posts, music, or video, Nebulous envisions Skynet as a decentralized and censorship-resistant foundation for content creators to deliver media their audience cares about. No more de-platforming, no more exploitation.
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“One place where Skynet shines is speed. Page loading is almost instant. Deployment to Skynet is also almost instant. We’ve demonstrated that decentralized storage can be as fast as its centralized competitors” said Manasi Vora, Nebulous’ Head of Product Strategy. “With storage and bandwidth prices so low, we expect Skynet to enable previously unimaginable applications and spark a renaissance in media-heavy applications.”
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Since Sia’s launch in 2015, users have stored over 4 PB of data across over 1 million storage smart contracts. Currently, the Sia network has 2.2 PB of available storage capacity and Sia software has been downloaded over 1 million times. Sia has a thriving community of third-party developers who have launched file sharing websites like PixelDrain and Storewise, cloud offerings like Filebase and Arzen,and companion apps like Decentralizer and SiaCentral.
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Interested in Skynet? Learn more at Siasky.net join us on Discord, and email us at hello@sia.tech.
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Want to help us re-decentralize the Internet? Nebulous is hiring for positions in engineering and operations. Learn more about our projects and apply today!
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## About Skynet Labs
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Nebulous builds uncompromising blockchain hardware and software infrastructure for the decentralized internet. This includes Sia, the leading decentralized cloud storage platform, and Obelisk, a producer of blockchain-related hardware.
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Nebulous defines uncompromising infrastructure as scalable, trustless, secure, and – most important – fully decentralized. In a blockchain industry filled with hype but lacking substance, Nebulous stands out as one of the few deeply technical teams that consistently delivers real products with significant potential.
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Nebulous, Inc. was founded in 2014 and is headquartered in Boston. Nebulous is funded by Bain Capital Ventures, A.Capital, Raptor Group, First Star Ventures, and other notable investors.
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