Amboss Technologies Raises $4M Led By Stillmark To Optimize The

Apr 25, 2023•over 2 years ago

Amount Raised

$4 Million

Round Type

seed

PortlandCryptocurrencyBlockchainAnalyticsMarketplaceFintech

Investors

Ride Wave VenturesFulgur VenturesDraper AssociatesValor Equity PartnersStillmark

Description

The $4M in seed-round funding positions Amboss to capitalize on the continued growth of the Lightning Network by providing an enterprise-grade data analytics platform to improve performance of the fully-reserved bitcoin payments layer.

Company Information

Company

Amboss Technologies

Location

Portland, Oregon, United States

About

Amboss is a leading data analytics provider for the Bitcoin Lightning Network, using machine learning to offer optimized routing and tools that redefine the future of decentralized finance. Amboss supports merchants and consumers to identify optimal peers and payment routes based on cost, reliability, or reputation as well as enterprise-grade risk management. Amboss also operates Magma, the leading marketplace for buying and selling Lightning channels that is the only platform to enable users to earn bitcoin yield from savings without relinquishing custody.

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