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Massive

Austin, Texas, United States

Overview

Massive operates a two-sided marketplace that lets individuals rent out spare desktop compute power in exchange for access to apps and services. The company reports about 50,000 desktop users—"nodes"—have opted into its service and requires explicit opt-in to protect user trust. Initially it is working with crypto-focused companies that need compute for blockchain calculations, but it plans to broaden its partner list and eventually accept mobile devices. Massive positions its model as an alternative revenue mechanism where users trade compute time for access rather than paying money or enduring ads. The startup raised an $11 million round led by Point72 Ventures with participation from CoinShares Ventures, Coinbase Ventures and several angels. Founders emphasize stewardship and partner selection to prevent misuse of users' compute resources.

Total raised
$11M
Funding rounds
1
Latest round
Seed
Latest activity
Nov 2021

Industries

  • Advertising
  • Internet
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Recent funding

  1. Seed

    Nov 2021

    $11M

Team