Tampa startup connecting businesses to the blockchain raises $5.75 million

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Tampa startup Blockspaces secured $5.75 million in a seed spherical of investments, the corporate introduced this week.

Blockspaces is an organization that helps companies transition to make use of blockchain networks, a decentralized ledger recognized for cryptocurrency. The funding was led by San Francisco-based Leadout Capital. Different enterprise capital corporations that participated included QED’s Seed Fund, Bolt, GTMfund, Tampa-based Druid Ventures and founding father of cell social gaming firm Zynga, Mark Pincus.

The Tampa startup positioned inside Embarc Collective, an area startup hub, was based in 2017 by Rosa Shores and Gabe Higgins. Its second funding spherical, which secured $1.25 million in March, pushed Blockspaces to be one of many main female-led blockchain firms within the U.S., according to Crunchbase.

“We imagine organizations like BlockSpaces that may facilitate a bridge between the ‘outdated world’ and the brand new can have a huge effect on shaping the know-how panorama over the following 5-10 years,” enterprise associate Scott Barker at GTMfund stated in a press release.

Blockspaces gives a platform that connects already-existing enterprise purposes to blockchain networks, each private and non-private. This contains creating digital wallets or NFTs, non-fungible tokens.

2021 was a giant 12 months for Blockspaces, which reported document development in revenues and its buyer base. The corporate now has a world presence throughout three continents. The investor funding will assist Blockspaces rent extra staff, assist its ongoing development and add new blockchains.

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