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Decentralized Cloud Project OORT Closes in on $10 Million Funding Goal, Eyes Token Listing

Decentralized Cloud Project OORT Closes in on $10 Million Funding Goal, Eyes Token Listing
OORT, a rising star in decentralized cloud infrastructure, is close to securing $10 million in funding, signaling a key step towards its imminent token listing. The company's strategic partnerships with giants like Dell, Tencent, and Lenovo, alongside a recent investment round led by Taisu Ventures, Red Beard Ventures, Hike Ventures, and Optic Capital, supported by Microsoft and Google, positions OORT at the forefront of reshaping decentralized infrastructure.

Jan 8th, 2024 - New York, NY, US - OORT, a rising star in the decentralized cloud sector, is nearing a significant funding milestone of $10 million, signaling a key moment for its upcoming token listing. This achievement highlights OORT's growing role as a significant player in the field of decentralized cloud  infrastructure, focusing on enabling AI applications.

OORT recently concluded an exclusive investment round with carefully selected partners, focusing on an imminent token listing and advancing its product development. This strategic round demonstrates OORT's commitment to forging meaningful partnerships that align synergize with its long-term objectives. 

At the core of OORT's vision is a commitment to democratizing data, striving to emulate the transformative role that Bitcoin plays in finance. This goal is being actualized through strategic alliances with enterprise giants such as Dell Technologies, Tencent Cloud, and Lenovo Image, paving the way for OORT to lead the mainstream adoption of decentralized cloud infrastructure.

The latest round of funding, led by a consortium of forward-thinking partners include: Taisu Ventures (previously known as Emurgo, Cardano Venture Arm), Red Beard Ventures, Hike Ventures, and Optic Capital, and support from tech giants Microsoft and Google, positions OORT to redefine the landscape of decentralized infrastructure. Building on this momentum, previous investors such as Aves Lair, Trinity Venture Capital, LinkVC, Sanctor Capital, Waterdrip Capital and Redline Capital continue to play a crucial role. They collectively contribute capital, resources, and expertise, empowering OORT to offer enterprise-grade, reliable, and high-performance technology solutions for AI businesses. 

As OORT edges closer to its token listing, the company is unwavering in its ambition to revolutionize not just cloud computing or storage, but a shift in how data is accessed, processed and managed globally.

For additional insights into OORT's innovative technology and its quest for a decentralized future, please visit or follow its Twitter at

About OORT

OORT is a decentralized cloud for privacy and cost savings. By integrating global compute and storage resources, we provide AI solutions to enhance business operations.

Media Contact
Company Name: oortech
Contact Person: Milo Wang
Email: Send Email
Country: United States

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