Tech Company Financing Transactions
Nym Technologies Funding Round
Nym Technologies closed a $6 million Series A funding round on 11/18/2021. Backers included Polychain Capital, 1kx and Eden Block.
Transaction Overview
Company Name
Announced On
11/18/2021
Transaction Type
Venture Equity
Amount
$6,000,000
Round
Series A
Investors
Polychain Capital (Lead Investor) (William Wolf)
Proceeds Purpose
The latest funding will be used to continue commercial development of network infrastructure, which combines an old idea for obfuscating the metadata of data packets at the transport network layer (Mixnets) with a crypto inspired reputation and incentive mechanism to drive the required quality of service and support a resilient, decentralized infrastructure.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
Place Numa-Droz 2
Neuchâtel, 2000
Switzerland
Neuchâtel, 2000
Switzerland
Phone
Undisclosed
Website
Email Address
Overview
Nym's mission is to establish privacy as a default for online communications. Only then can people and organizations make meaningful and secure decisions about what, when and with whom they want to share data. Reckless data harvesting has dominated Silicon Valley business models over the past decade and has rapidly become the norm for monetizing online activity.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Harry Halpin
Chief Operating Officer
Alexis Roussel
Chief Scientific Officer
Claudia Diaz
Chief Technical Officer
David Hrycyszyn
VP - Bus. Development
Jaya Brekke
VP - Human Resources
Jack Wolff
VP - Marketing
Adin Heric
VP - Product Management
Jess Hrycyszyn
VP - R & D
Ania Piotrowska
Browse more venture capital transactions:
Prev: 11/18/2021: Mangrove Lithium venture capital transaction
Next: 11/18/2021: Circonus venture capital transaction
Share this article
About Our Venture Capital Transactions Database
Our team works diligently to report on all VC transactions involving tech companies. VC transactions reported here come from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs