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The distributed computing platform Expanso has completed a $7.5 million seed round financing, led by General Catalyst and Hetz Ventures

2023-11-26 15:18:27
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ChainCatcher news, according to VentureBeat, the distributed computing platform Expanso has completed a $7.5 million seed round financing, led by General Catalyst and Hetz Ventures.

It is reported that Expanso CEO David Aronchick, who previously worked at Protocol Lab, stated that the new funding will be used to drive the development of their open-source data processing platform "Bacalhau" and to configure additional nodes to increase capacity for handling more data tasks, including distributed training of AI machine learning and processing application logs.

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