Thursday, July 19, 2018

Nervos Network Nabs $28M For Enterprise Blockchain

San Francisco-based Nervos Network, a developer of blockchain technology for the enterprise market, said this week that it has raised $28M more in a funding round. The funding came from Polychain Capital, Sequoia China, Wanxiang Blockchain, FBG Capital, Blockchain Capital, Dekrypt Capital, Multicoin Capital, 1confirmation, Matrix Partners China, 1kx, and others. Nervos says it has created a "network of interoperable protocols" based on blockchain, designed for enterprise applications. The company's founders are Jan Xie (Ethereum Foundation); Terry Tai (Yunbi); Daniel Lv (imToken); and Kevin Wang (Launch School and former IBM engineer).