International Trust Machines Corporation (ITM), a Taiwanese blockchain solutions provider, recently received pre-A round funding from IC design house MediaTek.
The amount of the deal was not disclosed.
The company is using the funds for product development targeting B2B users.
Established in 2019 by Julian Chen, CEO, ITM provides a blockchain software development kit (SDK) that can be ported on low-level IoT chips and is secured with a fingerprint on blockchain. The company is currently working with global brand names such as Microsoft, Qualcomm and Taiwan Mobile.
FinSMEs
16/03/2020