Open content delivery network Blockcast completes $2.85 million financing, led by Lattice Fund

Blockcast, an open content delivery network built on a unique caching architecture, announced the completion of a $2.85 million financing round led by Lattice Fund, Protocol Labs, Finality Capital Partners, AllianceDAO, Zee Prime Capital, RW3 Ventures, and Solana founder Anatoly Yakovenko. The specific valuation information has not been disclosed. It is reported that the Blockcast network is built on the project's multicast adaptive HTTP proxy, which can be installed anywhere from rack units in the core network to smart TVs in consumers' homes.