Home Blockchain Tampa startup connecting companies to the blockchain raises $5.75 million – Tampa Bay Occasions

Tampa startup connecting companies to the blockchain raises $5.75 million – Tampa Bay Occasions

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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 identified 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 situated inside Embarc Collective, a neighborhood 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 consider organizations like BlockSpaces that may facilitate a bridge between the ‘previous world’ and the brand new can have a big impact on shaping the expertise panorama over the following 5-10 years,” enterprise companion Scott Barker at GTMfund mentioned in an announcement.

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

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

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