Layer Secures $6M Funding for Incorruptible Internet Infrastructure

Monday, 7 October 2024, 07:20

Layer raises $6M to transform the foundations of the internet with innovative technology. This funding will accelerate their mission to enhance security and usability. With strong backing from key investors, Layer aims to redefine decentralized networks as we know them.
Businessinsider
Layer Secures $6M Funding for Incorruptible Internet Infrastructure

Layer Secures Funding

Layer has successfully raised $6M in a seed funding round led by 1kx, with significant contributions from Fabric Ventures, Arrington Capital, Stake Capital Group, and IOBC. This financial boost will empower Layer to advance its goal of constructing an incorruptible internet foundation by introducing cutting-edge technologies.

Investors and Innovations

  • Key angel investors include Sreeram Kannan of EigenLayer and others notable in the tech sphere.
  • Layer is focused on elevating security and functionality across decentralized platforms.
  • The company is poised to lead the charge in transforming how data integrity is maintained online.

Looking Ahead

This latest funding round reflects a growing recognition of the need for enhanced cybersecurity measures in our increasingly digital lives. As Layer progresses, it aims to set new standards for what constitutes an incorruptible internet.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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