Breaking
Link copied Blockchain startup Chronicled secures $16M in Series A round
Tue, 15 Jan 2019, 12:01 pm UTC
Blockchain startup Chronicled has raised $16 million in a Series A funding round led by Mandra Capital, a Hong Kong-based VC firm.
The funding round also saw participation from Streamlined Ventures, The Perkins Fund, Frank Fiore, and David Aho. Mandra Capital is an existing investor in the company and had previously led Chronicled’s series seed financing round in 2016.
"What excites us about Chronicled is that they are building blockchain application networks for the long-term," said SongYi Zhang, Principal of Mandra Capital.
"While many companies in the space are conducting ICOs — fueling speculation and hurting the legitimacy of the space — Chronicled has stayed disciplined and pursued traditional funding while focusing on developing needed applications with quantifiable ROI value."
Founded in 2014, Chronicled is a San Francisco-based company that leverages blockchain to bring trust, efficiency, and automation to global supply chains. The company said it is currently piloting the MediLedger, a pharmaceutical industry network, with a group of major companies and plans to launch the network commercially in 2019.
In addition, Chronicled announced that it is opening a development office in Vancouver, BC. It said that it will use the latest funding to support MediLedger and operational growth, as well as expand its engineering team in Canadian tech hub Vancouver.
“This stimulus of funding will enable expansion of the MediLedger Network with service provider integrations and additional protocols that address channel integrity and chargebacks, contracting, and revenue management,” Chronicled said.
<Copyright © TokenPost. All Rights Reserved. >
-
PUBLISH (NEWS)
$0.000615 (+0.28%)
-
Bitcoin (BTC)
$26,508.70 (+0.21%)
-
Ethereum (ETH)
$1,627.52 (+0.53%)
-
Tether USDt (USDT)
$0.999159 (+0.01%)
-
BNB (BNB)
$213.53 (-0.28%)
-
XRP (XRP)
$0.502345 (-0.08%)
-
PUBLISH (NEWS)
$0.000615 (+0.28%)
Jul 15, 2021 (Thursday)
13:30 
BTC Surges by 1.16% Within 5 Mins, Marking 31,824.01 USDT
12:06
BTC Surges by 1.12% Within 5 Mins, Marking 32,104.8 USDT
10:25
BTC Drops by 1.03% Within 5 Mins, Marking 32,171.88 USDT
02:13
TriumphX Scouts 'MINAMCOMPANY' CEO Woo-Seong Lee As Creative Director
02:00
ETH Tops List Of Crypto Net Inflow With $298.96 Mln In Past 10 Hours
Jul 14, 2021 (Wednesday)
13:14
BTC Surges by 1.03% Within 5 Mins, Marking 32,738.08 USDT
09:03
BTC Surges by 1.01% Within 5 Mins, Marking 31,899 USDT
02:30
Crypto Market Sentiment On Jul 14: Market In "Extreme Fear"
02:00
ETH Tops List Of Crypto Net Outflow With $224.97 Mln In Past 10 Hours
Jul 13, 2021 (Tuesday)
02:30
Crypto Market Sentiment On Jul 13: Market In "Extreme Fear"
02:00
ETH Tops List Of Crypto Net Outflow With $178.61 Mln In Past 10 Hours
Jul 12, 2021 (Monday)
02:30
Crypto Market Sentiment On Jul 12: Market In "Extreme Fear"
02:00
BTC Tops List Of Crypto Net Inflow With $164.82 Mln In Past 10 Hours
Jul 11, 2021 (Sunday)
21:31
BTC Surges by 1.02% Within 5 Mins, Marking 34,475.6 USDT
10:00
ETH Tops List Of Crypto Net Inflow With $122.76 Mln In Past 18 Hours
06:17
SOBA Listed On LATOKEN
02:30
Crypto Market Sentiment On Jul 11: Market In "Extreme Fear"
02:00
BTC Tops List Of Crypto Net Outflow With $87.56 Mln In Past 10 Hours
Jul 9, 2021 (Friday)
21:40
BTC Surges by 1.08% Within 5 Mins, Marking 33,911.8 USDT
02:30
Crypto Market Sentiment On Jul 09: Market In "Extreme Fear"
Popular news
