Tech Company Financing Transactions
SIMBA Chain Funding Round
1st Source Bank, Elevate Ventures and Notre Dame Pit Road Fund participated in a $1.5 million Seed venture round for SIMBA Chain. The round was announced by the company on 1/14/2020.
Transaction Overview
Company Name
Announced On
1/14/2020
Transaction Type
Venture Equity
Amount
$1,500,000
Round
Seed
Proceeds Purpose
The funding will be used to hire additional sales and development personnel to accelerate market rollout and support initial execution of a number of major government contracts, including one with the U.S. Air Force to secure its supply chain on battlefields and at home.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
510 W. Adams St. 45
Plymouth, IN 46563
USA
Plymouth, IN 46563
USA
Phone
Website
Email Address
Overview
SIMBA Chain Inc. was formed in 2017 from a grant awarded by the Defense Advanced Research Projects Agency (DARPA) to Indiana Technology and Manufacturing Companies (ITAMCO) and the Center for Research Computing at the University of Notre Dame in order to develop a secure, unhackable messaging and transaction platform for the United States military.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Joel Neidig
Chief Operating Officer
John Miller
Chief Technical Officer
Ian Taylor
Vice President
Jeffrey Curtis
VP - Bus. Development
Anjon Roy
VP - Engineering
Kieran Evans
VP - Engineering
Andrew Harrison
VP - General Counsel
Matthew Shroyer
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Next: 1/14/2020: Precision Orthopedics & Sports Medicine venture capital transaction
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Where The Data Comes From
We do our best to report on funding rounds that are announced publicly. VC investment data records reported here are sourced from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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