# Akash Network

**Source:** https://www.startuphub.ai/startups/akash-network
**Profile type:** Startup

> Decentralized cloud marketplace for compute resources, leveraging blockchain technology (DePIN).

## About

Akash Network is a decentralized cloud computing marketplace that connects tenants seeking compute resources with independent hardware owners worldwide. It offers containerized deployment, distributed multi-node training clusters, and pre-configured model environments, enabling AI teams and researchers to access high-performance processing capacity at significantly reduced costs compared to traditional centralized cloud providers. The platform focuses on providing cost-effective and scalable GPU solutions, particularly for Artificial Intelligence, Machine Learning, and data-intensive workloads.

## Key facts

- **Slug:** akash-network
- **Website:** https://akash.network/
- **Location:** San Francisco, United States
- **Founded:** 2019
- **Employees:** 126
- **Operating status:** Active
- **Total funding:** $2M
- **Sectors / tags:** DePIN, Cloud Computing, Decentralized Infrastructure, AI, Machine Learning, GPU Computing, Web3, Blockchain, Containerization, Open Source
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/akash-network
  - Twitter: https://x.com/akashnet
  - GitHub: https://github.com/akash-network
  - Facebook: https://www.facebook.com/tr

## Frequently asked

### What does Akash Network do?

Akash Network is a decentralized cloud computing marketplace that connects tenants seeking compute resources with independent hardware owners worldwide. It offers containerized deployment, distributed multi-node training clusters, and pre-configured model environments, enabling AI teams and researchers to access high-performance processing capacity at significantly reduced costs compared to traditional centralized cloud providers. The platform focuses on providing cost-effective and scalable GPU…

### What is Akash Network's valuation?

StartupHub estimates Akash Network's effective valuation at $16.2M (range $11.4M to $21.1M, 26% confidence), based on comparable companies in the sector.

### How much funding has Akash Network raised?

Akash Network has raised a total of $2M in funding. The most recent round on record is Seed.

### Where is Akash Network headquartered?

Akash Network is headquartered in San Francisco, United States.

### When was Akash Network founded?

Akash Network was founded in 2019.

### What industry does Akash Network operate in?

Akash Network operates in DePIN, Cloud Computing, Decentralized Infrastructure, AI, Machine Learning, GPU Computing.

### How many employees does Akash Network have?

Akash Network has approximately 126 people on record.

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