WIRELINE

Founded in 2017 by serial entrepreneur and software engineer Lucas Geiger, Wireline emerged with the goal of creating a decentralized network and marketplace for cloud applications. The company, initially known as Wireline Development Fund, Ltd., aimed to provide a platform for peer-to-peer and serverless cloud computing. Geiger, who served as CEO and was the technical co-founder, envisioned a platform where developers and businesses could build and deploy full-stack, internet-scale applications.

Wireline's core offering was a hybrid computation network designed to bridge the gap between traditional and decentralized infrastructures. The platform was engineered to compute protocol services across both trusted cloud environments and untrusted blockchain networks. This structure combined the reliability of internet-scale cloud infrastructure with the novel capabilities of blockchain technology. The business model was centered on enabling clients to use this infrastructure for application development. The company pursued funding through an Initial Coin Offering (ICO) to establish a substantial open-source developer fund and also secured $2.52 million in a Seed Round in May 2019.

In January 2021, Wireline settled civil charges with the U.S. Securities and Exchange Commission, resulting in a $650,000 fine. By that time, Lucas Geiger had not been with the company for two years and was not involved in the proceedings. According to PitchBook data, the company is now out of business as of May 2025.

Keywords: decentralized network, cloud application marketplace, peer-to-peer computing, serverless cloud computing, blockchain technology, Lucas Geiger, hybrid computation network, protocol services, decentralized applications, full-stack applications, internet-scale infrastructure, open-source developer fund, ICO, seed funding, Wireline Development Fund, blockchain development, decentralized cloud, application registry, developer platform, p2p network