Calimero Network, a London-based secure blockchain private sharding infrastructure company, has secured $8.5 million in Seed funding in a funding round led by the trio of Khosla Ventures, Lyrik Ventures and the Near foundation.
FJ Labs, GSR, and Warburg Serres also featured in the funding round. Calimero’s major line of action with the secured funds is team expansion and the broadening of its business reach.
Calimero is led by Sandi Fatic, and Mario Halambek. The infrastructure company leverages state-of-the-art privacy and authorization techniques for enterprises combined with all the scaling, speed, and performance edge of NEAR Protocol. The system basically secures developer’s data through an SaaS protected private shard infrastructure while maximising all the enterprising benefits available in open source blockchains.
Using the Calimero set-up, users can rapidly develop, test and deploy their private shard. It achieves this and more through the provision of an interface, a linked chain tat enable communication between private shards and public network, privacy tools for the protection of data on authorised private network, in addition to a gas reduction cost.
With this designed mechanism, users access private as well as public blockchain applications such as NFTs, DeFi, on-chain KYC and the likes, without having to worry about loosing privacy, or control of their data. In addition to the guaranteed protection of confidentiality, the Calimero system can also be simultaneously operated with other enterprises, shards, and public blockchain. Calimero evolved from Near protocol and is presently in closed alpha.
As originally reported in
https://www.finsmes.com/2023/01/calimero-network-raises-8-5m-in-seed-funding.html
