Chain

Chain (Acquired/Merged)

  • FOUNDING YEAR: 2014
    LOCATION:
    United States
    REGION:
    California
    Last Update:
    14 Feb, 2020

Description

FOCUS

PRODUCTS & SERVICES:
Platform provider to design and build blockchain applications for financial institutions and other enterprises. Chain Core Enterprise Edition: An open source-based enterprise software that enables institutions to issue and transfer financial assets on permissioned blockchain networks.
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
Visa, Nasdaq, Fiserv, Citigroup, Capital One, Orange, State Street, MUFG, etc.
EXISTING PARTNERSHIPS:
Partnered with Microsoft, IC3 (Initiative for Cryptocurrencies and Contracts) and universities to develop the testnet platform for blockchain developers.
COMMENT
The platform offers additional features such as HSM integration, advanced scalability, availability and storage systems, enhanced privacy capabilities, and custom smart contract support.

PEOPLE

MEDICI analysts will analyze Chain soon

TRACTION

Insufficient information for accurate analysis

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$43.7 Millions
DATE OF LAST FUNDING:
Nov 2019
SEED & PRIOR FUNDING:
$4.2 Millions
SEED CLOSED ON:
Jan 2014
FUNDING SERIES:
SERIES B
$9.5 Millions Closed: Aug 2014
SERIES C
$30 Millions Closed: Sep 2015
LISTED:
NO

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