# Poseidon

**Source:** https://www.startuphub.ai/startups/poseidon
**Profile type:** Startup

> Poseidon is a startup developing a decentralized identity and data ownership platform.

## About

Poseidon Network offers a decentralized content delivery network (CDN) and edge computing solution that utilizes unused bandwidth and storage from devices worldwide. This distributed, efficient platform provides faster and cheaper content acceleration compared to traditional cloud providers. Poseidon serves businesses and content creators by integrating with existing internet and blockchain infrastructure, enabling effective use of idle resources.

## Key facts

- **Slug:** poseidon
- **Website:** https://www.poseidon.network/
- **Location:** Tel Aviv, Israel
- **Founded:** 2021-01-01
- **Operating status:** Active
- **Total funding:** $18M
- **Sectors / tags:** Decentralized Identity, Data Ownership, Web3, Blockchain, Privacy, Consumer App, API Platform
- **Social:**
  - Twitter: https://twitter.com/QQQtoken
  - GitHub: https://github.com/poseidon-network
  - Facebook: https://www.facebook.com/QQQtoken

## Frequently asked

### What does Poseidon do?

Poseidon Network offers a decentralized content delivery network (CDN) and edge computing solution that utilizes unused bandwidth and storage from devices worldwide. This distributed, efficient platform provides faster and cheaper content acceleration compared to traditional cloud providers. Poseidon serves businesses and content creators by integrating with existing internet and blockchain infrastructure, enabling effective use of idle resources.

### What is Poseidon's valuation?

StartupHub estimates Poseidon's effective valuation at $64.6M (range $45.0M to $108.0M, 18% confidence), based on comparable companies in the sector.

### How much funding has Poseidon raised?

Poseidon has raised a total of $18M in funding. The most recent round on record is Seed.

### Where is Poseidon headquartered?

Poseidon is headquartered in Tel Aviv, Israel.

### When was Poseidon founded?

Poseidon was founded in 2021.

### What industry does Poseidon operate in?

Poseidon operates in Decentralized Identity, Data Ownership, Web3, Blockchain, Privacy, Consumer App.

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