Skynet Labs rebranded from Nebulous to focus on its Skynet application hosting platform, which uses the token‑fueled Sia network to provide decentralized storage and hosting for apps. The company announced a $3 million funding round led by Paradigm and has raised over $9 million to date. Skynet launched in February 2020; the parent firm was launched in 2014 and is Boston-based with a staff of 11. CEO David Vorick said more than 100 applications and 10 web portals already use Skynet, including Uniswap, and emphasized that anyone can run their own portal for trustless access. The company positions Skynet as a censorship‑resistant alternative for developers and interactive websites. The rebrand and funding follow a roughly one‑year‑old settlement in which the startup paid $225,000 to the U.S. SEC over an unregistered token sale dating to 2014.

Total raised

$3M

Funding rounds

1

Latest round

Equity

Latest activity

Sep 2020