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Foxconn’s Hcm Leads $7m Series A Investment In Cambridge Blockchain For Enterprise Data Management And Digital Identity

by vcaonline.com posted 3months ago 244 views
Foxconn’s HCM Leads $7 Million Series A Investment in Cambridge Blockchain for Enterprise Data Management and Digital Identity CAMBRIDGE, Mass., May 15, 2018-- Cambridge Blockchain, Inc announced a Series A equity financing today, led by HCM Capital, the venture arm of Foxconn Technology Group. HCM was joined by Partech and Digital Currency Group in a $7 million first close, including new capital and conversion of outstanding debt. The investors expressed their confidence in the company as it prepares to extend its blockchain-based Enterprise Data Management software to new applications.

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