BlockApps, the leading enterprise blockchain platform provider, has successfully raised its Series A funding round led by Fitz Gate Ventures with participation from Elliptic Curve Ventures, Bloccelerate, Fenbushi Capital, Galaxy Digital Ventures and a follow-on investment from ConsenSys.
As one of the pioneering ventures in enterprise-grade blockchain technology, BlockApps helps industries build blockchain-based business networks, which are more secure, reliable and flexible than existing solutions. Working with Fortune 500 companies including Bayer, BHP Billiton, John Hancock, and United Airlines, BlockApps has launched networks in the healthcare, energy, agriculture and travel industries. This round of funding will be used to fuel their growth in these sectors, as well as expand to other verticals.
“We are extremely excited to be working with this exceptional group of investors. We have a healthy mix of traditional venture capital players along with some of the best blockchain focused firms participating. Leveraging their expertise will help us achieve our vision for secure, scalable blockchain business networks and accelerate our mission of restoring trust, reliability and efficiency to online transactions.”BlockApps CEO, Kieren James Lubin.
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