Hive
Hive is a distributed, decentralized and sustainable cloud that gives you, and only you, total control over your data.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor investor investor investor investor investor investor | €0.0 | round | |
* | €12.0m | Series A | |
| Total Funding | 000k | ||
| USD | 2023 |
|---|---|
| Revenues | 0000 |
| EBITDA | 0000 |
| Profit | 0000 |
| EV | 0000 |
| EV / revenue | 00.0x |
| EV / EBITDA | 00.0x |
| R&D budget | 0000 |
Source: Dealroom estimates
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HiveNet is a startup that operates in the cloud storage market, offering a unique and innovative solution to individuals and businesses. The company's primary product, hiveDisk, is a cloud storage service that emphasizes security, privacy, and sustainability. Unlike traditional cloud storage services, hiveDisk is not accessible via web browsers, which adds an extra layer of security. Instead, users access their files through a dedicated app, available for both desktop and mobile devices.
HiveNet's business model is unique in that it allows users to contribute their unused hard drive space to the network, effectively turning their idle resources into a valuable asset. This not only helps users reduce their monthly storage costs, but also contributes to a more sustainable and efficient use of resources. This peer-to-peer model is a key differentiator for HiveNet, setting it apart from other cloud storage providers.
The company's target market includes both individuals and businesses who value privacy, security, and sustainability. By choosing HiveNet, users are not just opting for a cloud storage service, but also joining a community of like-minded individuals committed to a more sustainable future.
HiveNet generates revenue by charging users for the storage space they use. However, by allowing users to contribute their unused storage, the company is able to offer competitive pricing, making it an attractive option for those looking to cut their cloud costs.
In summary, HiveNet is a next-generation cloud storage provider that combines security, privacy, and sustainability with a unique business model that leverages unused resources to offer competitive pricing.
Keywords: Cloud Storage, Security, Privacy, Sustainability, Peer-to-Peer, Unused Resources, Competitive Pricing, Community, Green Technology, Web 3.0.