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Hedera Hashgraph Secures $100 Million

Hedera Hashgraph Secures $100 Million

Distributed public ledger organization Hedera Hashgraph raised $100 million from institutional and high net worth individual investors to further the development and use of the Hedera public distributed ledger platform and network.

Hedera’s goal is to build a strong, global community of developers and advocates who are attracted to the speed, security, and scalability benefits of hashgraph technology. To date, 200 Hedera Hashgraph ambassadors have run 80 meetups in cities around the world, reaching 5,000 attendees. The company plans to launch the network and start giving early access to some partners in 2018, with numerous distributed applications already being developed for the platform.