DWF Labs has made a strategic investment in Cumulus Encrypted Storage System (CESS) as part of the platform’s recent $8 million funding round, which included participation from more than 13 leading venture capital firms. HTX Ventures, Infinity Ventures Crypto, Mentha Partners, Vespertine Capital, Web3 Foundation, Singchain Investment, 7 O’Clock Capital, SolrDAO, FishDAO, OneBlock+, Winkrypto and Polkadot Ecology Research Institute also participated in the funding raise.
CESS is a blockchain network and a decentralised storage system. The protocol enables secure, efficient, and high-performance decentralised storage, making it a critical component for large-scale commercial applications. With four key layers—blockchain, data storage, content distribution, and application—CESS is designed to provide high-end security, fast data retrieval, and scalable storage solutions.
Nicholas Zaldastani, CESS co-founder and chairman, shared about their vision:
'This funding will enable us to continue our mission of providing the next-gen of global decentralized data services for Web3, which includes support for large-scale commercial use cases that require high-end security, performance, storage, CDN, high-frequency trading, and millisecond data retrieval.'
About CESS
CESS revolutionizes AI, DeSci, Gaming, Enterprise, and more with secure, transparent, and traceable data solutions. Delivering AI computing and data infrastructure, CESS enables data privacy and sovereignty with a focus on AI Agent applications and frameworks.