Tech Company Financing Transactions
Algorand Funding Round
Algorand closed a $62 million funding round on 10/25/2018. Investors included private investors.
Transaction Overview
Company Name
Announced On
10/25/2018
Transaction Type
Venture Equity
Amount
$62,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The funding will help launch the revolutionary blockchain protocol designed by MIT's Silvio Micali.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
888 Boylston St.
Boston, MA 02116
USA
Boston, MA 02116
USA
Phone
Undisclosed
Website
Email Address
Overview
Algorand's unique power source is rapid and efficient user consensus, enabling even the smallest transactions, regardless of transaction volume or number of users.
Management Team
Title
Name
Email & Social
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