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2022 - 4 - 25

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Web3 startup Internxt, valued at $40M aims to compete with Google ... (VentureBeat)

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“And you can use it on Internet Explorer or any other browser; you can use it like you’d use Google Photos or Google Drive; you’ll be able to look into your pictures or whatever. You can use it on your phone, you can actually get it in the app store or whatever,” Segarra said. And now we’re very, very well positioned — you know, as a Google alternative for Web3” Segarra added. Internxt, born in 2020, announced late last week that it has landed a $40 million valuation, has a hot product and wants to be one of those anchor companies for the new web. This is an open-source, blockchain-based cloud storage service providing safe, secure and GDPR-compliant digital storage advocating for user privacy rights, Segarra said. As Web2 saw with Yahoo, Google, Firefox, Amazon, Microsoft, Apple, Facebook and many others, Web3 will need to have many basic anchor platforms upon which many people can rely.

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