HTX Ventures, Infinity Ventures Crypto, DWF Labs and other investment firms took part in the fundraising for a company aiming to improve data storage methods. Decentralized storage platform Cumulus Encrypted Storage System (CESS) raised approximately $8 million from more than 13 venture capital firms, according to a Dec. 28 announcement. The funds will be used to “drive technological advancements, expand global operations, and strengthen CESS’s position in the decentralized infrastructure sector,” a CESS representative told Cointelegraph.