Blockchain data securing company Factom announced today it has secured a Series A equity funding round worth $4.2 million. Notable bitcoin and blockchain investor Tim Draper of Draper Associates led the round.
CEO and co-founder Peter Kirby said Austin-based Factom is “delighted” to have an investor of Draper’s stature on board. As for the money, the firm will spend it further developing its core technology and product suite.
Full story: https://news.bitcoin.com/factom-series- ... im-draper/