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Blockchain-Based Storage App ArDrive Raises $17.2 Million ArDrive, a blockchain-based permanent storage application, has raised a tidy $17.2 million in a seed round of 13 investors led by Arweave Team, Blockchain Capital, and Sino Global Capital. ArDrive currently houses over 6 million files from across the globe, including text, articles, photos, and videos. While many users trust services like Dropbox or Google Drive to steward their data—services potentially susceptible to data leaks—ArDrive allows users to maintain ownership and control of their data on the Arweave blockchain. Read more
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