Filebase

Filebase

Decentralized object storage platform with S3 compatibility

About Filebase

Simplify's Rating
Why Filebase is rated
B
Rated B on Competitive Edge
Rated A on Growth Potential
Rated C on Rating Differentiation

Industries

Data & Analytics

Enterprise Software

Company Size

1-10

Company Stage

Seed

Total Funding

$4.9M

Headquarters

Boston, Massachusetts

Founded

2019

Overview

Filebase provides an object storage platform that utilizes decentralized networks to store data. It combines multiple decentralized storage systems into a single interface that is compatible with the S3 API, making it easier for users to access and manage their data. The platform features edge caching technology, which enhances the speed and efficiency of data retrieval and storage, ensuring that users experience high performance. Unlike traditional cloud storage providers, Filebase offers a more affordable solution for enterprises and developers who need secure and reliable data storage. The company aims to serve a wide range of industries by providing scalable storage options that help clients save money while maintaining strong security and performance.

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Simplify's Take

What believers are saying

  • Growing DeFi and Web3 demand boosts need for Filebase's decentralized storage.
  • Edge computing rise aligns with Filebase's efficient data processing capabilities.
  • 5G expansion enhances performance and accessibility of Filebase's services.

What critics are saying

  • Increased competition from new decentralized storage platforms threatens market share.
  • Rapid blockchain evolution may require costly infrastructure updates for Filebase.
  • Regulatory scrutiny on decentralized tech could pose compliance challenges for Filebase.

What makes Filebase unique

  • Filebase offers a unique S3-compatible API for decentralized storage.
  • Their edge caching technology ensures high performance in data writing and fetching.
  • Filebase provides a cost-effective, secure alternative to traditional cloud storage.

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Funding

Total Funding

$4.9M

Above

Industry Average

Funded Over

1 Rounds

Seed funding is usually the first official round after pre-seed, when a startup has a prototype or concept. It’s typically used to develop the product, test the market, and start building the team. Investors here are often angel investors or early-stage venture capitalists.
Seed Funding Comparison
Meet Average

Industry standards

$3.3M
$2M
Netflix
$2.3M
Instacart
$3M
Robinhood
$3M
Filebase

Benefits

Competitive salary and equity

Heavily subsidized benefits: Medical, dental and vision insurance for employees and dependents.

401(k) w/ employer match

Unlimited PTO and Flexible working hours

Remote-first Culture

Opportunities to attend industry conferences (when in-person events come back!)

High output, creative and passionate teammates

Missing something appealing here? Please let us know!

Company News

Version One Ventures
Mar 29th, 2024
Q1 2024 Portfolio in Review

Filebase launched the Filebase Content Delivery Network, a CDN specifically optimized for IPFS content delivery.

Version One Ventures
Jun 30th, 2023
Q2 2023 Portfolio Review

Filebase announced the launch of their Startup Program designed to empower startups with free access to enterprise-grad, fully-managed InterPlanetary File System (IPFS) resources.

MarTech Series
Jan 26th, 2022
Filebase partners with Flexify.IO

Filebase, Inc., the leading provider of decentralized object storage, announced a new integration with Flexify.IO, a multi-cloud storage virtualization and migration provider.

Backup Review
Jul 27th, 2021
Akash partnered with Filebase on Jul 27th 21'.

Today, Akash Network, an open-source, decentralized cloud announced they have teamed up with Filebase, the world’s first object-based storage platform to deliver multi-cloud, decentralized web (dWeb) storage options for developers and enterprises.

Filebase
Jun 23rd, 2021
Filebase launched feature offering: Filebase object maps on Jun 23rd 21'.

Today Filebase is excited to introduce the first iteration of a new feature offering: Filebase object maps!

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