NexQloud on DealMaker

View details of this raise on Seedstage

Palo Alto, CA

Developing a decentralized cloud platform to optimize computing resources and reduce costs.

  • Cost-Effective Cloud Services: NexQloud offers cloud services at up to 50% less than traditional providers.
  • AI-Assisted Orchestration: The platform uses AI to optimize workload distribution and energy use.
  • Global Deployment: NexQloud is operational in 10 countries with thousands of NanoServers.
  • Revenue Sharing Model: Device hosts share in the revenue, providing an incentive to contribute unused computing power.
  • Significant Market Opportunity: The company targets a $500 billion market for non-sensitive workloads.

NexQloud is expanding its operations by leveraging unused computing power from idle devices, traditional cloud infrastructure, and energy-efficient NanoServers. The company offers cloud services at a reduced cost, sharing revenue with device hosts. This approach provides a sustainable alternative to traditional cloud services, addressing the inefficiencies and high costs associated with centralized data centers. NexQloud’s AI-assisted global cloud operating system orchestrates workloads across various platforms, optimizing energy use and reducing overhead.

The company is currently operational in 10 countries, with thousands of NanoServers deployed and a significant pipeline of enterprise clients. NexQloud aims to redefine cloud economics by scaling to over 5,000 devices. The market opportunity is substantial, with cloud computing accounting for a significant portion of tech budgets. NexQloud’s focus on cost efficiency and sustainability positions it to capture a share of the $500 billion market for non-sensitive workloads. The company’s roadmap includes achieving enterprise-ready compliance and expanding its server network, which will enhance its ability to serve sectors with strict requirements and large budgets.

Company Info

NexQloud provides a cloud platform that reduces costs by utilizing idle computing power and sharing revenue with device hosts.

NexQloud offers a cloud computing platform that leverages unused computing power from idle devices, traditional cloud services, and energy-efficient NanoServers. By orchestrating workloads across these resources, NexQloud provides businesses with cloud services at significantly reduced costs, while sharing revenue with device hosts. This approach aims to address inefficiencies in traditional cloud services by utilizing idle computing power and reducing energy consumption.

The platform functions as an AI-assisted global cloud operating system, ensuring optimal price and security for every workload. NexQloud’s patent-pending Trust-Tiers algorithm classifies and prices workloads based on data sensitivity, allowing businesses to save up to 50% on cloud services. The company is already operational in 10 countries, with thousands of NanoServers deployed and a growing pipeline of enterprise clients, demonstrating demand for its decentralized infrastructure solution.

From the feed