Cere Network Completes $3.5M Seed Financing

cereCere Network, a blockchain CRM ecosystem platform optimized for service data integration and collaboration, completed a $3.5m seed round of financing.

Backers included Binance Labs, Neo Global Capital, Fenbushi Capital, Arrington XRP Capital, Kenetic Capital, Alphabit Fund, Block VC, Kosmos Capital, LD Capital, Monday Capital, Pre Angel Fund, Republic Labs and a number of other strategic funds including Brad Bao, Co-founder of Lime and longtime Tencent executive; Alan Braverman, Co-founder of Eventbrite, Yammer and Xoom; Taiyang Zhang, Founder and CEO of Republic Protocol (REN); and Will Wang, Advisor of Huobi Global and former Head of Business Development and Investment for the Huobi Ecosystem Fund.

The company intends to use the funds to accelerate growth of its ecosystem.

The company has established a new office in New York City and will be launching the Cere Network Innovation Factory in Berlin during Berlin Blockchain Week.

Led by Fred Jin, co-founder and CEO, Cere Network provides a solution that captures the entire customer journey on the blockchain and stores key user data such as purchases, achievements, and usage in the user’s wallet. Businesses and vendors use permissioned proxy keys to access Cere’s microservices platform, which facilitates the ability for ecosystem customers to secure user data sharing and execute direct user acquisition across apps and brands.

FinSMEs

20/08/2019

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