Web3 Cloud Network Raises $470 Million in Funding Led by Helium Backer

Impossible Cloud Network (ICN), a pioneer in decentralized cloud technology, has secured a significant $470 million funding round led by NGP Capital, a venture capital firm with extensive experience backing transformative Web2 and Web3 companies. This investment follows ICN’s already impressive success with over $5 million in annual recurring revenue, demonstrating the growing demand for data-sovereign cloud solutions.