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NodeShift wants to challenge the hyperscalers with its decentralized cloud


When the large cloud providers have excess compute capacity, they tend to discount it through programs like AWS's and Azure's spot instances. Any time a

When the large cloud providers have excess compute capacity, they tend to discount it through programs like AWS’s and Azure’s spot instances. NodeShift aims to take this concept and expand it well beyond the big clouds — and with stronger guarantees — by providing a single API to access to excess compute, storage and graphics accelerators from independent data center operators and through connections to low-cost decentralized web services like Akash and Filecoin. NodeShift today announced that it has raised a $3.2 million seed funding round led by Inovo.vc, which focuses on startups based in Central and Eastern Europe, with participation from Notion Capital, 10X Founders and Kestrel0x1.

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