Cambridge Blockchain Raises $2 Million

Cambridge Blockchain Raises $2 Million for Digital Identity Enterprise Software; Investors Include Partech Ventures and Digital Currency Group

Cambridge Blockchain, LLC announced the closing of a $2 million convertible note today, with participation from leading technology investors Partech Ventures and Digital Currency Group. The funds will be used to accelerate deployments of Cambridge Blockchain’s digital identity enterprise software for financial institutions. “We’re thrilled to have the support of Partech and DCG,” said Matthew Commons, Cambridge Blockchain’s CEO. “DCG is one of the world’s most experienced blockchain investors, and Partech’s strategic relationships with European financial institutions will help us expand in important new markets for our technology.”