Tech Company Financing Transactions

Cambridge Blockchain Funding Round

On 5/17/2018, Cambridge Blockchain secured $7 million in Series A investment from HCM International, Digital Currency Group and Partech Partners.

Transaction Overview

Announced On
5/17/2018
Transaction Type
Venture Equity
Amount
$7,000,000
Round
Series A
Investors

HCM International (Lead Investor) (Jack Lee)

Digital Currency Group (Barry Silbert)

Partech Partners (Romain Lavault)

Proceeds Purpose
The investors expressed their confidence in the company as it prepares to extend its blockchain-based Enterprise Data Management software to new applications.

Company Information

Company Status
Private & Independent
Industry
Blockchain
Mailing Address
1 Bdwy. 14th Floor
Cambridge, MA 02140
USA
Email Address
Overview
Financial institutions face growing compliance challenges related to identity, with know-your-customer costs that can reach hundreds of millions of dollars per year for large banks.
Profile
Cambridge Blockchain LinkedIn Company Profile
Social Media
Cambridge Blockchain Company Twitter Account
Company News
Cambridge Blockchain News
Facebook
Cambridge Blockchain on Facebook
YouTube
Cambridge Blockchain on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Matthew Commons
  Matthew Commons LinkedIn Profile  Matthew Commons Twitter Account  Matthew Commons News  Matthew Commons on Facebook
Chief Operating Officer
Alok Bhargava
  Alok Bhargava LinkedIn Profile  Alok Bhargava Twitter Account  Alok Bhargava News  Alok Bhargava on Facebook
Chief Technical Officer
Alex Oberhauser
  Alex Oberhauser LinkedIn Profile  Alex Oberhauser Twitter Account  Alex Oberhauser News  Alex Oberhauser on Facebook
Vice President
Ling Hughes
  Ling Hughes LinkedIn Profile  Ling Hughes Twitter Account  Ling Hughes News  Ling Hughes on Facebook
VP - Bus. Development
He Sun
  He Sun LinkedIn Profile  He Sun Twitter Account  He Sun News  He Sun on Facebook
VP - Bus. Development
Nadim Takchi
  Nadim Takchi LinkedIn Profile  Nadim Takchi Twitter Account  Nadim Takchi News  Nadim Takchi on Facebook
VP - Engineering
Muthu Arumugam
  Muthu Arumugam LinkedIn Profile  Muthu Arumugam Twitter Account  Muthu Arumugam News  Muthu Arumugam on Facebook
VP - Engineering
Mark Stewart
  Mark Stewart LinkedIn Profile  Mark Stewart Twitter Account  Mark Stewart News  Mark Stewart on Facebook


 

 

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Our team works diligently to report on every notable VC transaction. VC transactions reported here are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


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