CERE Network is a technology company.
CERE Network has raised $11.0M across 3 funding rounds.
CERE Network has raised $11.0M in total across 3 funding rounds.
CERE Network has raised $11.0M in total across 3 funding rounds.
CERE Network's investors include 8090 Industries, 355 Capital, CrunchFund, Future Perfect Ventures, Lobby Capital, Symbolic Capital, George Burke.
CERE Network is a blockchain-based technology company building a decentralized data cloud (DDC) platform tailored for AI and Web3 applications. It enables secure, sovereign data storage, automation, and management directly in user wallets, capturing customer journey data like purchases and achievements while addressing centralization issues in traditional cloud providers.[1][2][5] Serving content publishers, game developers, enterprises, and Web3 projects, it solves problems of data silos, high costs, latency, and privacy by leveraging edge computing, AI agents, and cross-chain interoperability for real-time insights and simplified pipelines.[1][3][4] With over $50M in funding, 46 employees, and San Francisco headquarters, CERE shows growth through tools like SDKs, CerePlay for gaming, and DaVinci for music, plus backing from Binance Labs and integration with Polkadot.[1][2][3]
Founded in 2019 in San Francisco, CERE Network emerged to bridge enterprise needs with blockchain, tackling outdated CRM systems' limitations in handling AI-driven customer data and interoperability.[1][3][4] Key early milestones include raising $1.5M to develop a "decentralized Salesforce" on Polkadot, followed by $5M for its DDC platform launch, and scaling to $36M-$50M+ total funding across rounds, with Binance Labs support.[1][2] The idea stemmed from founders' vision to decentralize data clouds using Layer-1 blockchain on Substrate, evolving from basic storage to full ecosystems with edge clusters, DAOs, and apps like CerePlay, amid Polkadot ecosystem growth.[3][4][5]
CERE Network rides the convergence of Web3 and AI, where exploding AI data volumes overwhelm centralized clouds, demanding edge-native, decentralized solutions for sovereignty and efficiency.[1][5] Timing aligns with Polkadot's interoperability push and rising enterprise blockchain adoption, countering Big Tech's data monopolies amid privacy regulations and AI ethics debates.[3][4] Market forces like Web3 gaming/music growth and cross-chain needs favor it, as seen in partnerships boosting scalable ecosystems for real-time analytics in retail, travel, and media.[2][5] It influences the landscape by enabling true data decentralization, onboarding devs to Web3, and fostering DAOs for collective governance, accelerating AI-Web3 fusion.[1][3]
CERE Network is positioned to expand as AI data demands edge decentralization, with next steps likely scaling CerePlay/DaVinci adoption, deeper Polkadot integrations, and enterprise SaaS growth via SDKs.[5] Trends like AI agent orchestration and Web3 rewards will propel it, potentially evolving influence through broader cross-chain bridges and DAO-driven innovations. As a foundational Layer-1 player, it could redefine CRM for the AI era, empowering businesses to break free from centralized data traps—just as its blockchain roots promised.[3][4]
CERE Network has raised $11.0M across 3 funding rounds. Most recently, it raised $5.0M Venture Round in March 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Mar 1, 2021 | $5.0M Venture Round | 8090 Industries | |
| Dec 1, 2020 | $2.0M Venture Round | 355 Capital, CrunchFund, Future Perfect Ventures, Lobby Capital, Symbolic Capital, George Burke | |
| Aug 1, 2019 | $4.0M Seed | 355 Capital, CrunchFund, Future Perfect Ventures, Lobby Capital, Symbolic Capital, George Burke |