BinheBifang closes multimillion-yuan angel round

BinheBifang has recently secured a multimillion-yuan angel round of financing from Zhejiang Yitong Building Material.

BinheBifang has recently secured a multimillion-yuan angel round of financing from Zhejiang Yitong Building Material. Proceeds from this round of financing will be mainly used to enhance the company’s business development capabilities and improve the company’s technical team construction.

Binhe Bifang focuses on the field of distributed storage technology, mainly involving in the exploration, development and empowerment of key technologies in the upstream and downstream industrial chain of distributed storage technology.

The company provides next-generation data storage technology services with extreme privacy, high redundancy and strong security for government units, enterprises and personal developers.

The company has carried out continuous research and development in four major areas, including IPFS distributed storage application, the Xuanwu decentralized storage network based on blockchain and artificial intelligence, Secret++ blockchain empowerment platform, and DPU distributed chip research and development.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/07/02/binhebifang-closes-multimillion-yuan-angel-round/.

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