Trustatom, Inc., a Vancouver, Canada-based Bitcoin blockchain-powered smart contracts provider, raised a seed funding round of undisclosed amount.
Backers included a few angel investors, including Brian Cartmell and Vinny Lingham.
The company intends to use the funds to strengthen the team and support the launch of CredyCo, a due diligence SaaS, over the course of Q1 and Q2 2015.
Founded in 2014, Trustatom provides CredyCo, which allows investors and companies to establish continuous credibility during the due diligence and post investment. It uses a smart contracts & identity technology built on top of the blockchain to ensure the credibility of all statements and allows businesses to identify and verify their customers, as well as improve the security of their customers by using cryptographic signatures for authorizations.