Theta EdgeCloud
Theta Network is a Web3 blockchain infrastructure specifically designed for the video, media, and entertainment industries. It utilizes a decentralized network of community-run Theta edge nodes to help media companies increase revenue, user engagement, and adopt new Web3 business models. The Theta Video API offers developers a cost-effective, decentralized solution for video transcoding, storage, and delivery. ThetaDrop NFT marketplace has collaborated with major global brands like Katy Perry, Samsung, Sony, and World Poker Tour to innovate within the digital collectibles space.
Theta EdgeCloud
Theta Network is a Web3 blockchain infrastructure specifically designed for the video, media, and entertainment industries. It utilizes a decentralized network of community-run Theta edge nodes to help media companies increase revenue, user engagement, and adopt new Web3 business models. The Theta Video API offers developers a cost-effective, decentralized solution for video transcoding, storage, and delivery. ThetaDrop NFT marketplace has collaborated with major global brands like Katy Perry, Samsung, Sony, and World Poker Tour to innovate within the digital collectibles space.
TL;DR
What they do: Decentralized video delivery and edge cloud for media, esports, AI workloads
Tech focus: Web3 / blockchain-powered peer-to-peer edge nodes for video, storage, transcoding, and GPU/edge compute
Founding team: Associated with Mitch Liu and Jieyi Long
Funding signal: Completed venture rounds including a Series A (2017); corporate strategic investors listed
Size: ~23 employees (profile)
Company Overview
Problem Domain
High-cost centralized video delivery, media distribution, and demand for distributed edge/GPU compute for media and AI workloads.
Industry
Media & Entertainment; Cloud / Edge Computing; Blockchain / Web3
Tech Stack
Funding Track Record
Series A announced March 17, 2017 (amount obfuscated in source profiles)
56000000.00 USD
Last funding date recorded as 2018-09-30 with total funding amount listed in profile data
Investor Signal
“Includes strategic corporate investors (Samsung NEXT, Sony Innovation Fund, BDMI, CAA) and venture investors (DCM, Sierra Ventures, DHVC)”