CLIFTON, NJ, ArDrive announced a $17.2M Seed round led by Arweave Team, Blockchain Capital and Sino Global Capital, with participation from a number of other investors including Long Hash Ventures, Foresight Ventures, SevenXVentures, Hypersphere Ventures, Momentum 6, OFR Fund, ArkStream Capital, DRF, Cipholio Ventures, Viewblock (Compute Ventures).

ArDrive is a suite of desktop, mobile and web applications that provides an intuitive way to securely synchronize your most important files to the Arweave decentralized storage network, also known as the Permaweb. It is being built by a community of like-minded technologists and evangelists seeking to popularize the storage layer for Web 3.0.