Last week blockchain technology firm Vendia announced it had raised a $15.5 million Series A funding round for its serverless SaaS blockchain solution, bringing total funds raised to more than $20 million since it started in March 2020.
The investment was led by Canvas Ventures and included BMW i Ventures and Sorenson Ventures, which joined seed round investors. The startup boasts the MOBI blockchain consortium as one of its partners, where BMW is a member.
Vendia was co-founded by former Amazon AWS executive Tim Wagner who was previously general manager of AWS Lamda, the serverless offering. More recently, he spent just over a year at Coinbase as CTO. Before joining AWS, he led the development of Visual Studio Ultimate at Microsoft.
Article continues …
Want the full story? Pro subscribers get complete articles, exclusive industry analysis, and early access to legislative updates that keep you ahead of the competition. Join the professionals who are choosing deeper insights over surface level news.
