# Hive Computing Services

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hive-computing-services

- Industry: Internet
- Headquarters: Geneva, Switzerland
- Website: www.hivenet.com
- Total disclosed funding: $21M
- Latest round: Series A (Mar 20, 2024)
- Investors on record: 5

## About

Based in Geneva, Switzerland, and founded in 2022 by Executive Chairman David Gurle, Hive Computing Services SA operates as a developer of a platform that provides secure, cloud storage and cloud infrastructure for individuals and businesses. In March 2024, Hive Computing Services SA raised EUR 12 million in Series A funding led by SC Ventures, with participation from OneRagtime.

Hive Computing Services SA provides cloud storage solution for security and privacy cloud services. The company’s hiveDisk allows users to store, access, and share their files across all devices to minimize energy consumption and reduces carbon footprint. In addition, the firm’s product base includes hiveNet and hiveCompute that includes distributed cloud infrastructure and scalable computing solutions. As of 2024, it offers a mobile application platform for Android and iOS smartphone users. 

The company generates revenue based on a subscription-based model and charges EUR 3.8 per TB for HiveDisk. The firm charges EUR 5 per TB for Dropbox and Google drive. It charges EUR 7 per TB for one Drive.

## Funding rounds

- Series A, Mar 20, 2024, $13M — OneRagtime, SC Ventures
- Seed, Jun 1, 2022, $7.5M — OneRagtime, Global Ventures, FrenchFounders, LeFonds

## Investors

- OneRagtime (https://capitalatlas.ai/funds/oneragtime) — Seed, Series A
- Global Ventures (https://capitalatlas.ai/funds/global-ventures) — Seed
- FrenchFounders — Seed
- LeFonds (https://capitalatlas.ai/funds/lefonds) — Seed
- SC Ventures — Series A
