InfoSum Raises $65 Million in Series B

by Kay Aloha Villamor in August 18th, 2021

InfoSum, a London, UK-based startup that provides a decentralized platform for secure data sharing between organizations, has secured a $65 Million Series B funding.

The round was led by Chrysalis Investment.

The raised will use to accelerate hiring across every aspect of its business. Expand into new regions and further development of its platform.

Company: InfoSum Limited

Raised: $65.0M

Round: Series B

Funding Month: August 2021

Leading Investors: Chrysalis Investment

Additional Investors:

Company Website: https://www.infosum.com

Software Category: Decentralized platform 

About the Company: InfoSum has developed a decentralized platform designed to remove the trust barriers between progress and privacy. Its platform enables advertisers, media owners, data providers, and other advertising technology firms to collaborate across multiple data sources without requiring the underlying data to be moved or pooled.

Source: https://techcrunch.com/2021/08/17/infosum-raises-65m-series-b-as-organizations-embrace-secure-data-sharing/


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