# Theta Network **Source:** https://www.startuphub.ai/startups/thetatoken-org **Profile type:** Startup > A blockchain-powered decentralized cloud platform providing GPU infrastructure for AI, media, and entertainment workloads. ## About Theta Network is a leading decentralized cloud platform that leverages blockchain technology to offer on-demand GPU infrastructure for AI, video, rendering, and other media and entertainment workloads. It provides a cost-effective and scalable alternative to traditional centralized cloud services by utilizing a global network of distributed edge nodes. The platform supports Web3 applications through its EVM-compatible blockchain and dual token economy. ## Key facts - **Slug:** thetatoken-org - **Website:** https://thetatoken.org - **Location:** San Jose, United States - **Founded:** 2017-01-01 - **Operating status:** Active - **Total funding:** $20M - **Sectors / tags:** DePIN, Blockchain, Decentralized Cloud, GPU Cloud, AI Infrastructure, Video Streaming, Media & Entertainment, Web3, Edge Computing, Smart Contracts, NFT, DAO, Decentralized Exchange, Artificial Intelligence, Machine Learning ## Frequently asked ### What does Theta Network do? Theta Network is a leading decentralized cloud platform that leverages blockchain technology to offer on-demand GPU infrastructure for AI, video, rendering, and other media and entertainment workloads. It provides a cost-effective and scalable alternative to traditional centralized cloud services by utilizing a global network of distributed edge nodes. The platform supports Web3 applications through its EVM-compatible blockchain and dual token economy. ### What is Theta Network's valuation? StartupHub estimates Theta Network's effective valuation at $76.8M (range $50.0M to $120.0M, 10% confidence), based on comparable companies in the sector. ### How much funding has Theta Network raised? Theta Network has raised a total of $20M in funding. The most recent round on record is Private Token Sale. ### Where is Theta Network headquartered? Theta Network is headquartered in San Jose, United States. ### When was Theta Network founded? Theta Network was founded in 2017. ### What industry does Theta Network operate in? Theta Network operates in DePIN, Blockchain, Decentralized Cloud, GPU Cloud, AI Infrastructure, Video Streaming. ## JSON-LD Structured data aligned with this page's `