Key points:
• DePIN startup Mizzle raises $1M from tech investor Onextel
• Funding to accelerate the development of the computing and storage platform.
• Mizzle combines AI-based DevOps, eBPF security and advanced encryption
Mizzle, a pioneering decentralized physical infrastructure network (DePIN) platform, today announced a $1 million strategic investment from Onextel. The funding will fuel the development of Mizzle’s innovative platform, which aims to redefine distributed computing and storage solutions.
Mizzle’s technology stack addresses pain points in the decentralized infrastructure space:
Seamless integration: The Mizzle platform offers a unique combination of Computing and storage capabilities, ensuring efficient data processing and secure storage within a distributed framework.
AI-based DevOps:By using AI-powered DevOps, Mizzle simplifies infrastructure management, enabling automated operations and reducing the complexity of managing compute and storage resources.
Security enhanced with eBPF technology:Mizzle employs eBPF (extended Berkeley Packet Filter) technology to provide the highest level of security, protecting data and operations from potential threats.
Advanced encryption techniques:Mizzle integrates fully homomorphic encryption (FHE) and zero-knowledge proofs into its security protocols, enabling secure computations on encrypted data and verifiable proofs without revealing underlying information.
“This investment from Onextel validates our vision for a more secure, efficient, and user-friendly decentralized infrastructure,” said Arjun Mishra, CEO of Mizzle. “We are ready to accelerate the development of our platform and expand our reach to developers and enterprises around the world.”
The $1 million infusion will be strategically allocated to:
• Improve platform capabilities
• Strengthen security features.
• Improve the user experience for developers and businesses around the world.
Mizzle’s innovative approach comes at a crucial time for the DePIN sector to capture a significant share of this burgeoning market.
About Mizzle:
Mizzle is a DePIN platform that redefines distribution Computing and storage Solutions. Our AI-powered DevOps system ensures unparalleled ease of use, streamlining infrastructure management for all users. Security is reinforced with eBPF technology, providing real-time protection and performance monitoring. We stay ahead of the curve with advanced cryptographic techniques such as fully homomorphic encryption and zero-knowledge proofs, ensuring maximum data privacy and security. Mizzle combines simplicity, strong security, and innovative technology, making it your best choice for secure and efficient decentralized infrastructure.
About Onextel:
Onextel is a leading enterprise communications solutions platform that enables brands to create connected experiences for their customers, with a core focus on integrated telecommunications. It provides a Communications Platform as a Service (CPaaS) to our enterprise and government customers. It creates business identities and orchestrates desired interaction activities across all industries.
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