Netki, a Canoga Park, CA-based blockchain identity startup, raised $3.5m in funding.
The round was led by O’Reilly AlphaTech Ventures (OATV) with participation from Donuts, The Husseini Group, Digital Currency Group, Base Ventures, Plug and Play, Bitfinex, Colle Capital and Tom Turney.
The company intends to use the funds to continue to develop its technology and continue to expand operations.
Founded in 2014 Justin Newton and Dawn Newton, Netki provides is advancing a service for the bitcoin and crypto currency communities to translate easy to remember names like “wallet.domain.net” into Bitcoin (and other crypto currency) wallet addresses.
In addition, the company is advancing a digital identity certificate for the blockchain.