Moonrock Capital Invests in Staex!

2024-04-17

Moonrock Capital has made a strategic investment in Staex underscoring the need of a decentralized network realizing machine-to-machine economy. Staex is at the forefront of supporting today’s companies innovating with Web3 tools and creating new business opportunities in DePIN. This partnership marks a significant milestone for Staex, and we are honored to have Moonrock Capital on board as a valued supporter.

We look forward to the opportunities ahead and find in Moonrock Capital a trusted business partner with a shared vision.

Stay tuned for more exciting updates from the Staex team as we continue to expand the boundaries of a shared economy in a decentralized world.

About Staex

Staex is a secure public network for IoT devices that can not run a VPN such as smart meters, IP cameras, and EV chargers. Staex encrypts legacy protocols, reduces mobile data usage, and simplifies building networks with complex topologies through its unique multi-hop architecture. Staex is fully zero-trust meaning that no traffic is allowed unless specified by the device owner which makes it more secure than even some private networks. With this, Staex creates an additional separation layer to provide more security for IoT devices on the Internet, also protecting other Internet services from DDoS attacks that are usually executed on millions of IoT machines.

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