Data Privacy Startup StrongSalt Raises $3 Million for Encrypted API Service

A new encryption-as-a-service company raised $3 million to bring standardized encryption techniques to the blockchain. Data privacy startup StrongSalt announced Thursday the closing of a seed round from Valley Capital Partners. Backed by three encryption-related patents, StrongSalt will release its API product later this year at the AWS re:Invent 2019 conference in Las Vegas, Nevada. StrongSalt […]

Continue Reading

Overstock’s Venture Arm Invests $2 Million in Blockchain ID Firm

Blockchain-based identity firm Evernym has received a $2 million investment from Overstock subsidiary Medici Ventures, according to a release from the company. Medici Ventures participated in Evernym’s Simple Agreement for Future Equity (SAFE), which will be transferred into preferred stock at an undisclosed date. The round closed earlier this month with Evernym receiving funding from Medici […]

Continue Reading

Kleiner Perkins Backs $2 Million Seed Round for Crypto Derivative Data Firm

Cryptocurrency data analytics startup Skew has raised $2 million in seed funding from several venture capital firms, including Silicon Valley icon Kleiner Perkins. Announced Wednesday, the seed round was led by London-based FirstMinute Capital, with participation from Seedcamp, Kima Ventures and QCP Capital. The company declined to disclose its valuation. The company’s skewAnalytics service, launched […]

Continue Reading

Token Tech firm Securitize Raises $14 Million From Santander, MUFG, Nomura

Regulated token issuance technology provider Securitize has raised $14 million from investors including the investment arms of major financial companies. Securitize announced in a press release Tuesday that the funding – an extension of its Series A round – was backed by Santander InnoVentures, MUFG Innovation Partners and Nomura Holdings. Also participating this time round were existing investors of the Series […]

Continue Reading