Source Network
Developer data management for an open web
Developer data management for an open web
Source Network is a blockchain startup founded in 2021 with a vision to create a decentralized, permissionless, and trustless future. The company's flagship products, DefraDB and SourceHub, are aimed at extending the ethos of blockchains to off-chain data management, providing developers with the tools and infrastructure to build truly decentralized applications. Through leveraging native cryptographic primitives for data security, granular privacy controls, and P2P synchronization across various platforms, Source Network aims to address vulnerabilities in Web3 and offer unprecedented flexibility and security.
The startup operates in the Blockchain, Cyber Security, Developer Tools, and Web3 industries. Notably, Source Network recently secured a $3.00M Seed Round investment on 30 November 2023, demonstrating investor confidence in their innovative approach.
While the details of the investors behind this funding round are not disclosed, the substantial investment underscores the potential of Source Network's value proposition, indicating a growing interest in decentralized applications and the company's solutions within the blockchain and Web3 space.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Seed Round | $3.00M | - | 30 Nov 2023 | |
| Seed Round | $4.50M | - | 01 Jun 2021 | |
| Pre Seed Round | $500.00K | - | 01 Jun 2019 |
No recent news or press coverage available for Source Network.
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