3 years ago

Calimero Network Secures $8.5 Million in Seed Funding for Secure Private Shard Infrastructure

  • Calimero Network, a London-based secure private shard infrastructure company, has raised $8.5 million in seed funding led by Khosla Ventures, Lyrik Ventures, and the Near foundation

  • The company plans to use the funds to expand its team and business reach

  • Calimero offers a SaaS secure private shard infrastructure that allows developers to protect their data while leveraging the benefits of open-source blockchains

  • The system enables users to develop, test, and deploy their private shard in minutes

  • Calimero is currently in closed alpha and was spun-out of the Near protocol.

      • ProblemTechnology Infrastructure

      "Developers want to use the benefits of open-source blockchains, but they need to protect their data. Existing solutions sacrifice either security or functionality."

      Solution

      "Calimero provides a secure private shard infrastructure that lets developers protect their data while leveraging all the business benefits of open-source blockchains. The system enables users to develop, test and deploy their private shard in minutes. It offers a tech stack of console, bridge, privacy features to protect the data, and gas cost reduction, enabling users to connect to private or public blockchain applications like DeFi, NFTs, on-chain KYC, and more, without any compromise on confidentiality and privacy."

      Covered on