We are happy to announce we have secured Series A funding led by Fitz Gate Ventures with participation from Elliptic Curve Ventures, Bloccelerate, Fenbushi Capital, Galaxy Digital Ventures and a follow-on investment from ConsenSys.
This round of funding will be used to grow our engineering, product, sales and marketing teams in order to meet the demand for STRATO from consortiums and companies across many different industries.
Read the full press release here.
BlockApps was the first company incubated out of Consensys in 2015 and has created several industry innovations including the launch the best, easy-to-use, most powerful Blockchain as a Service (BaaS) platform on the market called STRATO.
Since launching STRATO on Microsoft Azure in 2015, BlockApps has become first blockchain company to partner with all major cloud platforms (Azure, Amazon Web Services, Google Cloud Platform) and is a founding member of the Enterprise Ethereum Alliance (the world’s largest open standard blockchain organization). Today, we continue to expand our partner network the enterprise-grade capabilities of STRATO.