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OverStock's Venture Capital Arm Adds To $31 Million Funding Round For PeerNova
Summary: Medici Ventures the venture capital arm of Overstock has invested in the startup PeerNova. Peernova creates blockchain-based solutions for financial organizations to coordinate their data across multiple systems. In a news release, PeerNova announced that it had raised $31 million in growth funding, led by Mosaik Partners, with help from Medici Ventures and Intuitive Venture ...
Medici Ventures the venture capital arm of Overstock has invested in the startup PeerNova. Peernova creates blockchain-based solutions for financial organizations to coordinate their data across multiple systems.
In a news release, PeerNova announced that it had raised $31 million in growth funding, led by Mosaik Partners, with help from Medici Ventures and Intuitive Venture Partners. The round brings the total funding received to $74 million. PeerNova plans to use this funding for better market penetration to develop their solutions for the challenging financial industry.
Roland James
Tags: Blockchain,Cryptocurrency,medici ventures,Overstock,peernove
Link: OverStock's Venture Capital Arm Adds To $31 Million Funding Round For PeerNova [Copy]