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Simba Chain Acquires Strongsalt To Bring Decentralized Privacy And Secure Storage To The Future Of Digital Assets

PRIVATEFeb 15, 2022

Acquiring Company

SIMBA Chain, Inc.

Acquired Company

StrongSalt

PlymouthInformation TechnologySoftwareHardwareSoftware

Description

SIMBA Chain, Inc., an Application Programming Interface (API) development platform that helps enterprise companies build technology on blockchain, has announced its acquisition of privacy and storage company, StrongSalt.

Quick answer

SIMBA Chain, Inc. is acquiring StrongSalt, announced February 15, 2022. SIMBA Chain, Inc. is based in Plymouth, Wisconsin, United States.

How much did SIMBA Chain, Inc. pay for StrongSalt?
The deal value was not disclosed.
What does SIMBA Chain, Inc. do?
SIMBA Chain is the chain-agnostic Application Programming Interface (API) development platform providing pathways to Web3 for cloud-based Web2 companies.
Where are SIMBA Chain, Inc. and StrongSalt based?
SIMBA Chain, Inc. is based in Plymouth, Wisconsin, United States.

Source: Fundz verified event record.

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Company Information

Company

SIMBA Chain, Inc.

Location

510 W. ADAMS ST.

Plymouth, Wisconsin, United States

About

SIMBA Chain is the chain-agnostic Application Programming Interface (API) development platform providing pathways to Web3 for cloud-based Web2 companies. NFT platforms, enterprise organizations, governments, universities, and individual programmers can quickly develop and deploy Web 3 distributed applications (dApps) utilizing SIMBA’s simple, accessible, and flexible product and solutions suite. SIMBA was founded in 2017 through a DARPA grant awarded to the University of Notre Dame and ITAMCO, and has received multiple awards, including a 2020 U.S. Small Business Administration Tibbetts Award, TechPoint's 2019 Mira Award for New Product of the Year, and 1st Source Bank's 2019 Commercialization Award. SIMBA Chain’s eco-friendly, energy efficient platform supports Avalanche, Ethereum, Consensys Quorum, Binance Smart Chain, RSK, Stellar, Hyperledger, among other blockchain protocols. To learn more, visit simbachain.com.

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Frequently asked

Who acquired StrongSalt?

StrongSalt was acquired by SIMBA Chain, Inc., based in Plymouth. The deal was reported on February 15, 2022. SIMBA Chain is the chain-agnostic Application Programming Interface (API) development platform providing pathways to Web3 for cloud-based Web2 companies. SIMBA Chain, Inc. is privately held and operates in Information Technology.

When did SIMBA Chain, Inc. acquire StrongSalt?

SIMBA Chain, Inc.'s acquisition of StrongSalt was reported on February 15, 2022. SIMBA Chain, Inc., an Application Programming Interface (API) development platform that helps enterprise companies build technology on blockchain, has announced its acquisition of privacy and storage company, StrongSalt. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does StrongSalt do?

StrongSalt is an encryption and storage platform that helps build a new privacy infrastructure for the internet. It is privately held, operating in Hardware.

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