# BlockBeacon

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/blockbeacon

- Industry: Internet
- Headquarters: Santa Monica, US
- Website: www.blockbeacon.com
- Total disclosed funding: $0.5M
- Latest round: Seed (Jun 27, 2012)
- Investors on record: 1

## About

BlockBeacon delivers blockchain-based solutions aimed at improving operational efficiency and security for diverse industries, enhancing transaction simplicity and data integrity.BlockBeacon, based in Santa Monica, US, is focused on developing blockchain technologies for operational enhancements. The company has successfully closed 2 deals, with the most recent deal occurring in December 2012. During this time, BlockBeacon secured a Seed funding round of USD 0.50 mn from Resolute Ventures, raising a total of USD 0.50 mn. Although there is no mention of changes in business strategy or subsidiaries, the firm was acquired by Dun & Bradstreet in December 2012, indicating a significant transition in its operational framework.BlockBeacon.com specializes in innovative blockchain solutions that improve operational efficiencies and security for various industries. Their offerings are designed to simplify complex transactions, ensure data integrity, and enhance transparency in supply chains. The firm serves clients primarily in North America and Europe, addressing data management challenges in sectors like logistics, finance, and healthcare, helping businesses integrate blockchain technology to streamline processes and reduce costs.BlockBeacon.com generates revenue through structured transaction models that include service subscriptions and partnerships with businesses. Their tiered subscription plans cater to diverse organizational needs, allowing clients to select packages based on their operations. Transactions are typically renewed annually, providing a predictable revenue stream. Their products are essential for clients aiming to enhance operational frameworks and mitigate data breach risks, aligning with the increasing adoption of blockchain solutions.BlockBeacon plans to design and launch new products aimed at enhancing its service offerings, although specific release dates are not provided. The company targets expansion into new markets, particularly in North America and Europe, to meet the rising demand for blockchain solutions by the end of 2023. The recent Seed funding round will be utilized to support these initiatives, further strengthening BlockBeacon's capabilities in providing innovative solutions across various sectors.

## Funding rounds

- Seed, Jun 27, 2012, $0.5M — Resolute Ventures

## Investors

- Resolute Ventures (https://capitalatlas.ai/funds/resolute-ventures) — Seed