Blockchain Company SIMBA Chain Secures $25 Million in Series A Funding

SIMBA Chain, a blockchain technology startup, recently announced that it has secured $25 million in a Series A funding round to scale sales, marketing, and development, and to dedicate resources to emerging enterprise level opportunities such as non-fungible tokens.

According to the latest announcement, the investment round was led by Valley Capital Partners, with additional participation from the Notre Dame Pit Road Fund, Elevate Ventures, Stanford Law School Venture Fund, and individuals affiliated with Tech giants such as Amazon, Apple and Facebook.

Incubated at the University of Notre Dame, SIMBA Chain offers a simple, time and energy efficient method for deploying blockchain technology in the most secure and complex environments.

Its state-of-the-art technology autogenerates a robust family of APIs that support permissioned and public blockchains, allowing customers to launch blockchain applications without hiring costly consultants or consuming valuable tech expertise.

And, because SIMBA Chain allows users to select from a wide range of blockchain technologies, with portability across these chains, the company provides a level of flexibility and customization that traditional blockchain approaches cannot support.

“Thanks to the intellectual depth and insatiable curiosity of its team, SIMBA Chain has succeeded in establishing impressive beachheads in the defense and enterprise markets – a rare thing to see in emerging frontier technologies like blockchain. We are excited to support SIMBA Chain at this pivotal time,”said Steve O’Hara, managing partner at Valley Capital Partners of Menlo Park, California.