Tech Company Financing Transactions
DUST Identity Funding Round
DUST Identity closed a $40 million Series B investment round on 12/5/2023. Investors included Castle Island Ventures, 8VC and Airbus Ventures.
Transaction Overview
Company Name
Announced On
12/5/2023
Transaction Type
Venture Equity
Amount
$40,000,000
Round
Series B
Investors
Proceeds Purpose
DUST Identity is a leading authentication and anchored digital thread solution for real-world objects that connects data to physical things. DUST Identity's award-winning anchored digital thread solution delivers the ability to track and trace an object's pedigree and provenance throughout its lifecycle - providing access to the right information at the right place and time.
Company Information
Company Status
Private & Independent
Industry
Security
Mailing Address
1 Grant St. 200
Framingham, MA 01702
USA
Framingham, MA 01702
USA
Phone
Undisclosed
Website
Email Address
Overview
DUST -- the Diamond Unclonable Security Tag -- is a proprietary technology which utilizes nanodiamonds to create an unclonable identity layer on any object. An optical scanner and cloud-based infrastructure provides an interface to the object identity and provenance. DUST ensures that trusted data and verifiable products are used and traced across their full lifecycle.
Management Team
Title
Name
Email & Social
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