KIYATEC Announces Investment from Seae Ventures and Names Co-founder and Managing Partner Jason Robart to its Board of Directors
01 May, 2021
– Blockchain-based app development platform Digital Asset today announced that it raised $120 million in series D funding led by 7Ridge and Eldridge.
– The company plans to use the funding to expand its team and product portfolio with a protocol that enables data to interface across blockchains and databases.
– Digital Asset was cofounded 2014 by Sunil Hirani, Don Wilson, Yuval Rooz, Shaul Kfir, and Eric Saraniecki, and its flagship product is a distributed ledger technology for banks and other financial, health care, and insurance institutions.
– The company asserts that the blockchain can transform disparate data silos into synchronized networks, minimizing latency and errors by ensuring that data remains consistent.