Protocol Labs

Protocol Labs makes internet protocols: IPFS, Filecoin, and more.

Palo Alto, United States · Founded 2014 · $353.8M raised

Employees
51–200
Founded
2014
Business Model
B2B
Total Funding
$353.8M
Last Round
$148.0M Series DAug 2017
Rounds
4

About

Protocol Labs is an open-source research, development, and deployment laboratory. Our projects include IPFS, Filecoin, libp2p, and many more. We aim to make human existence orders of magnitude better through technology. Some of our projects. IPFS makes the web work peer-to-peer. IPFS is a protocol for storing, addressing, and transferring data, designed to replace HTTP in many contexts. IPFS uses content-addressing to uniquely identify and link to information. IPFS is one of the leading protocols of Web3, crypto, and the decentralized web movements. IPFS serves millions of end users and tens of thousands of developers. It powers the websites and applications of small startups, large enterprises, and even blockchains. Filecoin is a decentralized storage network, designed to store humanity's most important information. Filecoin is a cryptocurrency incentivized decentralized market, where storage providers earn filecoin tokens for renting out storage space. (Think airbnb for cloud storage). Filecoin is one of the leading projects in the cryptocurrency/blockchain space.

Summary

Protocol Labs is an Open Source company based in Palo Alto, United States, founded in 2014. It has raised $353.8M in total across 4 rounds, most recently a $148.0M Series D round in Aug 2017. Investors include Union Square Ventures, BlueYard Capital and Y Combinator Continuity Fund.

Tech & App Stack

2 technologies & apps tracked

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Funding History

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Series DSeries DAug 2017
$148.0M

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Seed through Series D — per-round amounts, valuations, and who invested in each round.

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