Today, the blockchain data management platform Fluree announced a seed extension round of funding led by venture capital firm Engage. Fluree did not disclose the investment amount, but it said the funds would be used to expand the reach of its data management platform.
North Carolina-based Fluree is a Public Benefit Corporation. Last June, Fluree raised $4.7 million in a seed round led by 4490 Ventures. The new investment comes soon after the firm won a contract from the U.S. Air Force for a blockchain communications system.
Fluree positions itself as a Web3 data platform that provides a blockchain-based graph database. It provides permissioned access to immutable data, and as a result of the immutability, it’s possible to query for data at a specific point in time.
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