Attestiv, Inc., a Boston, MA-based digital data validation platform, closed a seed funding round of over $2m.
The round was led by Castle Island Ventures, with participation from Plug and Play Ventures and Mentors Fund.
Co-founded by Nicos Vekiarides (CEO), John Bates (CTO) and Mark Morley (COO), Attestiv provides a platform that uses AI and blockchain technology to validate and secure the authenticity of digital media.
The platform offers a foundation for applications and 3rd party integrations that utilize AI and blockchain ledger fingerprinting to provide enterprise solutions for the Insurance, IoT, Media and related industries.
The technology powering the platform utilizes patent-pending, AI-based “perceptual fingerprinting” on a blockchain (distributed ledger), enabling the following digital media to become virtually tamper-proof:
- sensor data telemetry
- data metadata.