What Does Textile.io Do?

Total employees32
HeadquartersBrooklyn
Founded2017

Textile.io was a technology company focused on building open-source tools for a more decentralized internet. They provided developers with solutions for decentralized databases, peer-to-peer file sharing, content hosting, and identity management, primarily leveraging protocols like IPFS, Filecoin, and libp2p. Their mission was to empower developers to build applications that were more open, resilient, and user-centric. In February 2024, Textile.io was acquired by Block, Inc., with its team joining Block to contribute to decentralized systems and infrastructure projects, particularly related to Bitcoin.

Where Is Textile.io's Headquarters?

Textile.io officeTextile.io officeTextile.io officeTextile.io office
*Images sourced via web search. Rights belong to original owners

HQ Function

Served as the main hub for core engineering, product development, strategic partnerships, and business operations for Textile.io's suite of decentralized tools.

Notable Features:

As a technology-focused startup, notable features pertained more to its innovative projects and contributions to the Web3 ecosystem rather than specific physical office architecture. The environment likely prioritized collaboration and cutting-edge research.

Work Culture:

Textile.io likely fostered a dynamic and innovative work culture, emphasizing collaboration, open-source contributions, and agile development methodologies, typical of startups in the decentralized technology space.

HQ Significance:

Being based in Brooklyn, NY, placed Textile.io within a prominent East Coast technology hub, providing access to a rich talent pool, investor networks, and a vibrant developer community crucial for its growth in the Web3 domain.

Values Reflected in HQ: The company's focus on open-source principles, decentralization, and developer empowerment would have been reflected in a transparent, collaborative, and forward-thinking operational environment.

Location:

Before being acquired by Block, Inc., Textile.io established a global presence primarily through its open-source software, developer tools, and engagement with the international Web3 community. Its services and protocols like IPFS and Filecoin integrations were accessible and utilized by developers worldwide. The team itself included distributed members, reflecting a modern approach to talent and operations suited for the decentralized nature of their work.

Street Address:

Specific public street address not widely disclosed; operated primarily from Brooklyn.

City:

Brooklyn

State/Province:

New York

Country:

United States

Where Else Does Textile.io Operate Around the World?

Distributed/Remote

Address: N/A

Facilitated global talent acquisition, diverse perspectives in product development, and continuous support for its worldwide community of developers and users of its decentralized protocols.

Buying Intent Signals for Textile.io

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Textile.io? Meet the Executive Team

As of April 2025, Textile.io' leadership includes:

Andrew Hill - Co-founder & CEO (at Textile.io)
Carson Farmer - Co-founder & CTO (at Textile.io)

Who's Investing in Textile.io?

Textile.io has been backed by several prominent investors over the years, including:

Protocol Labs
Coinbase Ventures
Multicoin Capital
BlueYard Capital
Notation Capital
Connect Ventures
System Research LLC
Achieve Capital LLC

What Leadership Changes Has Textile.io Seen Recently?

Hire0
Exits2

The most significant executive event for Textile.io in the past year was its acquisition by Block, Inc. in February 2024. This led to the transition of its co-founders, Andrew Hill (CEO) and Carson Farmer (CTO), from their roles at the independent Textile.io to new positions within Block, Inc. to continue work on decentralized infrastructure.

What Technology (Tech Stack) Is Used byTextile.io?

Discover the tools Textile.io uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Textile.io Email Formats and Examples

Prior to its acquisition by Block, Inc., Textile.io likely used common email formats for tech companies, such as combining first name or first initial with the last name. Post-acquisition, communications would be managed through Block, Inc.'s systems.

A plausible format was `[first]@textile.io` (e.g., andrew@textile.io) or `[first].[last]@textile.io`.

Format

andrew@textile.io

Example

70%

Success rate

What's the Latest News About Textile.io?

CoinDesk • February 1, 2024

Textile.io Acquired by Block, Inc. to Bolster Decentralized Initiatives

Block, Inc. (formerly Square) confirmed its acquisition of Textile.io, a startup specializing in decentralized data storage solutions leveraging IPFS and Filecoin. The Textile.io team has joined Block to contribute to its decentralized technology projects, with a focus on supporting Bitcoin-related infrastructure and applications....more

Textile Blog (Archive) • November 18, 2021

Textile.io Announced Next Generation Tools including Buckets and Hub V2

Textile.io unveiled significant updates to its platform, including the general availability of Buckets for dynamic data storage on IPFS and Filecoin, and the release of Hub V2, enhancing its decentralized database and identity solutions for developers building Web3 applications....more

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