Polygon Technology
Latest round
- Seed
Last raised
- Aug 2019
Total raised
- $0.5M
Investors
- 3
About Polygon Technology
a Polygon, and formerly known as Matic Network, operates as a developer of a blockchain framework to manage digital securities on the blockchain. The company has more than 130 million users and approximately 3 million daily transactions.90 million post-money. Polygon Technology offers an open-source framework, Polygon, that facilitates the scaling, and connection of Ethereum-based blockchain networks. The firm provides a wallet, that allows the user to send and receive cryptocurrencies across the Polygon platform, and offers Polygon Bridge, a provision for depositing and withdrawing crypto assets between various networks. Additionally, Polygon provides an ERC-20 token, MATIC, which can be used to pay fees for the transactions taking place across over 400 Dapps, running on the company’s protocol, and the user can earn rewards by stalking MATIC tokens. Other company solutions include Polygon Polygon Proof-of-Stake (PoS), an EVM-enabled sidechain; Polygon Hermez, an open-source ZK rollup; Polygon Nightfall, a privacy-focused rollup, and Polygon ID, a blockchain-native identity system. The firm hopes that in the future, Polygon Avail will deliver a general-purpose, scalable data availability solution along with ZK solutions that will help resolve the network congestion and tackle applications around privacy.
Who invested in Polygon Technology
3 investors across 2 rounds
See all investors in Polygon Technology
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Questions about Polygon Technology
Who invested in Polygon Technology?
Polygon Technology has 3 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Polygon Technology raised?
Polygon Technology has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Polygon Technology last raise money?
Polygon Technology's most recent round on record is a Seed, in Aug 2019.
What does Polygon Technology do?
a Polygon, and formerly known as Matic Network, operates as a developer of a blockchain framework to manage digital securities on the blockchain.
Where is Polygon Technology headquartered?
Polygon Technology is headquartered in Grand Cayman, Cayman Islands.
Which VCs invest in companies like Polygon Technology?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Polygon Technology's stage. Their profiles are linked below.
VCs backing software startups at Seed
Raising like Polygon Technology? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.