Sia Network raises $3.5 million from Bain Capital to become crypto Hulu

Nebulous' Sia ($SC) Network has raised $3.5 million in a Series A joined by Bain Capital and DragonFly Capital to expand its decentralized data storage operation including video streaming. The network currently holds some 450 terabytes of data with 500-1,000 active users. Nebulous plans on doubling its staff with the funds.

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