Netki Gets $3.5M For Blockchain Identity Software

Los Angeles-based Netki, a startup which is developing blockchain identity management software, has raised $3.5M in a seed funding round. Netski said the funding was led by O'Reilly AlphaTech Ventures (OATV), and also included Donuts, Colle Capital, The Husseini Group, The Digital Currency Group, Tom Turney, Bitfinex, Plug and Play, and Base Ventures. Netki says it is developing standards based naming and identity solutions, which allow them to build blockchain-based applications and services. Netki's CEO is Justin Newton. More information »