Tech Company Financing Transactions
Aleo Funding Round
Aleo, based in San Francisco, secured $200 million in funding from Kora, SoftBank Group and Andreessen Horowitz.
Transaction Overview
Company Name
Announced On
2/14/2022
Transaction Type
Venture Equity
Amount
$200,000,000
Round
Series B
Investors
Proceeds Purpose
Raising additional capital for that purpose to build products and services on top of the Aleo Network.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
548 Market St. 16696
San Francisco, CA 94104
USA
San Francisco, CA 94104
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Aleo is the first platform to offer fully private applications. Aleo leverages decentralized systems and zero-knowledge cryptography to offer users unbounded compute with absolute privacy. By architecting a blockchain that is private-by-default, open-source, and built for the web, Aleo is uniquely positioned to address the shortcomings of blockchain adoption.
Management Team
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Where The Data Comes From
We do our best to document every notable VC transaction. VC investment data records reported here are sourced from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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