Blockchain Data Management Startup Sendblocks Secures $8.2 Million in Funding

IconCryptoNewsTerminal Staff02 Jul, 2024

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Blockchain Data Management Startup Sendblocks Secures $8.2 Million in Funding

Blockchain data management startup Sendblocks has announced that it has raised $8.2 million in funding. The round was led by Castle Island Ventures with participation from Pitango, Illuminate Financial, Laser Digital, and StarkWare. The funds will be used to expand the company's R&D team and marketing efforts. Sendblocks provides a platform that allows businesses to manage and share data on the blockchain. The company's platform is designed to make it easy for businesses to comply with data privacy regulations and to improve the security of their data. Sendblocks was founded in 2018 by CEO Jonathan Rose and CTO Alex Chirkov. The company is headquartered in New York City.