2 years ago

Cygnetise Secures £2.5 Million to Expand Blockchain-Based Signature Software

  • London-based blockchain signature software company Cygnetise has raised £2.5 million in a pre-Series A funding round led by UK investment syndicate Adjuvo

  • The round also saw participation from US venture capital firm Massive and previous investors

  • The company plans to use the funding to hire in its tech and sales departments to expand into new markets.

      • ProblemTechnology

      "Managing and sharing authorised signatures across organisations, especially in regulated industries, is a complex and often insecure process."

      Solution

      "Cygnetise provides a blockchain-based signature management platform that offers a secure, transparent, and auditable way for businesses to share authorised signatures with external parties."

      Covered on