James is editor in chief of TechForge Media, with a passion for how technologies influence business and several Mobile World Congress events under his belt. James has interviewed a variety of leading figures in his career, from former Mafia boss Michael Franzese, to Steve Wozniak, and Jean Michel Jarre. James can be found tweeting at @James_T_Bourne.
North Carolina-based database management firm Fluree
has announced a seed extension funding round led by independent venture capital
The latest investment, which follows a $4.7 million seed funding
round in June, allows Fluree to expand its enterprise data management
platform, which acts as the foundation for emerging online architectures
that include AI, microservices, machine learning, the semantic web and
consortium blockchains. The platform is used by tech startups,
government agencies, and Fortune 500 enterprises for sharing, securing
and building services upon high-quality, trusted data.
Fluree also recently announced a strategic blockchain
deployment with the United States Air Force.
Brian Platz, co-CEO and co-founder of Fluree, said: “Organisations
have been striving to secure a data-first approach for nearly a decade,
and Fluree finally brings that vision to life. As the semantic web
continues to dissolve data silos and build a new framework for
harnessing the value of information, Fluree is becoming the backend to
power that change.
“In Engage, we have the ideal partners to continue our strategic
enterprise expansion and further catalyse the next phase of the web,”
Despite the uncertain climate blockchain-based funding activities
continue to take place. Last month, Taiwanese blockchain security firm CoolBitX secured $16.75m
in series B funding that will be used to expand the presence of its
Sygna product range beyond APAC. Sygna is CoolBitX’s first-to-market
FATF-compliant solution for virtual asset service providers (VASPs)
around the world. The company will continue to innovate and develop its
flagship product CoolWallet S, which is a Bluetooth-enabled hardware
wallet for cryptocurrencies. California-based Paystand also raised $20m
in series B funding that will help the cloud-based PaaS payment network
to expand its sales, marketing, success, and engineering teams at its
California and Mexico offices.
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