Binded Raises $950K in Funding

Binded (formerly known as Blockai), a San Francisco, CA-based platform for photographers to protect image copyright, raised an additional $950k in funding.

Backers included Mistletoe, Vectr Ventures, Asahi Shimbun, Tokyo Founders Fund, M&Y Growth Partners, and Social Starts.

The company, which has raised $1.5m in total funding, will use the funds to expand operations.

Led by CEO Nathan Lands and CTO Oli Lalonde, Binded provides a blockchain-powered copyright platform that enables photographers to protect the copyright of their images. Once users create an image, they have a permanent record that they own the copyright. Then the image is monitored for copyright infringement. If the platform find an infringement, it will give users actions to take. It also enables users to register images with the U.S. Copyright Office for extra protection.

FinSMEs

29/05/2017

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