Salad Technologies

Salad Technologies is a leader in monetizing idle compute power that harnesses the power of idle compute resources for the benefit of users.

Salad is on a mission to turn idle computing time into serious value for their owners.

Salad was founded in 2018 by Bob Miles. The company is headquartered in Salt Lake City, Utah.

 

Salad offers Salad Balance, the company’s proprietary form of credit, that allows users to simply download, install, and run the Salad software application to start earning.

 

Salad's open-source desktop application empowers individuals to earn meaningful rewards from their privately owned hardware. Users contribute latent compute resources—like processing cycles and bandwidth—to support third-party workloads on a distributed network, where they redeem millions of digital rewards every year.

 

Salad currently has one million downloads, 30,000 daily active nodes, and 100 PetaFLOPS peak processing power across its distributed network.

 

Salad is backed by Left Lane Capital, Origin Ventures, Carthona Capital, Kickstart Seed Fund, Royal Street Ventures, and others. The company raised $17M in a Series A round on Mar 25, 2022. This brings Salad's total funding to $22.6M to date.

 

 

  • Year founded: 2018
  • Funding Info: $22.6M over 3 Rounds (Latest Funding Type: Series A)
  • Yearly Revenue: NA
  • Employee Size: 11-50
  • Business Valuation: NA
  • City/Town: Salt Lake City
  • State: Utah
  • Country: United States
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