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Salad: Raises $17M in Series A Funding | Fintech InShorts: Latest fintech news, analysis by experts

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Salad: Raises $17M in Series A Funding

By Steve Sam

March 28, 2022

Salad Raises $17M in Series A Funding

Salad, a Salt Lake City, CA-based compute-sharing network operator, raised $17M in Series A funding
The round was led by Left Lane Capital and Origin Ventures with participation from Kickstart Seed Fund, Royal Street Ventures and Carthona Capital
Benjy Boxer, CEO & Co-Founder of Parsec, will also join company’s board of directors to provide growth strategy counsel
The company intends to use the funds to scale its cloud infrastructure and develop a new enterprise vertical for Web3 innovators
The company is building a multi-purpose and entirely people-powered cloud computing platform
Its open-source desktop application empowers individuals to earn meaningful rewards from their privately owned hardware

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