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Analog - SAFT
Overview
About Analog - SAFT
Analog, a blockchain interoperability project building cross-chain communication infrastructure, has raised $16 million in a seed and strategic funding round.
Tribe Capital led the round, with NGC Ventures, Wintermute, GSR, NEAR, OrangeDAO, Mike Novogratz’s Samara Asset Group, Balaji Srinivasan and others participating, Analog said Monday. The firm started raising the round in October and closed it in December. The funding was realized via a simple agreement for future tokens, or SAFT, adding that the round brought Analog’s fully diluted valuation to $120 million.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United States of America | 2018 | 49 | [email protected] | ||
| Fund | Singapore | 2017 | 196 | [email protected] | ||
| Fund | United Kingdom | 2017 | 72 | [email protected] | ||
| Fund | Hong Kong | 2013 | 158 | [email protected] | ||
| Foundation | Switzerland | -- | 22 | [email protected] | ||
| DAO | -- | -- | 50 | -- | ||
| Uncategorized | Malta | 2018 | 7 | -- | ||
| Angel Investor | United States of America | -- | 117 | -- |
Founders & Team
Victor Young
Company Profile / Project Introduction
Analog uses the proof-of-time mechanism to validate events on its network, allowing dApps to easily communicate and exchange data seamlessly. This unique approach creates a truly decentralized network that can be used for a variety of applications. Additionally, Analog's omnichain structure allows it to interact with multiple networks, further increasing its versatility and potential use cases. Analog offers a novel solution for dApp communication and data exchange in the ever-evolving world of blockchain technology.