Yesterday, California-based fintech firm
PeerNova said it raised $31 million in a funding round led by Mosaik Partners, Intuitive Venture Partners and Overstock.com’s Medici Ventures. With this round, the total funding of the company stands at $74 million.
Overstock.com previously invested in the company during its Series A funding round.
Founded in 2013, PeerNova offers a blockchain data management solution through its Cuneiform platform. It allows apps to be built on top, with a focus on data integrity. PeerNova said it enables financial institutions to link multiple internal and external systems by hashing transactions stored over a blockchain.
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