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Dwallet Labs Raises $5M In Pre-Seed Round As Odsy Network Comes Out Of Stealth

Aug 18, 2022over 3 years ago

Amount Raised

$5 Million

Round Type

pre-seed

Tel AvivBlockchainCyber SecurityInformation Technology

Description

dWallet Labs, a cybersecurity company specializing in blockchain technology, today announced it raised $5M in pre-seed funding led by Node Capital and Digital Currency Group (DCG), and joined by Amplify Partners, Lightshift Capital, Liquid2 Ventures, Collider Ventures, Lemnsicap, Heroic Ventures, Impatient Ventures, Zero Knowledge, Dispersion Capital, Token Bay Capital, Tykhe Block Ventures, Cerulean Ventures and Earl Grey Capital alongside founders and angel investors from Coinbase, Ethereum, Celo, AngelList, Alt, Spearhead, and others. With top cybersecurity experts and cryptographers, dWallet Labs is building solutions on top of the Odsy (pronounced Odyssey: od-uh-see) Network, a secure and programmable decentralized access control layer to all of web3. The funds will be used for building protocols and projects on top of the Odsy Network.

Company Information

Company

dWallet Labs

Location

Tel Aviv, Tel-Aviv District, Israel

About

LABSdWallet Labs Ltd., based in Tel Aviv, Israel, a cybersecurity company specializing in blockchain technology, is building SingleWallet, the first interface to interact with dWallets on the Odsy Network. dWallet Labs will provide professional services to the Odsy Foundation, and support for organizations building on the Odsy Network. dWallet Labs will also provide professional services and support for organizations building on the Odsy Network.