# Portal

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

- Industry: Financial Services
- Headquarters: San Francisco, US
- Website: www.portaltobitcoin.com
- Total disclosed funding: $34M
- Latest round: Seed (Jan 30, 2024)
- Investors on record: 4

## About

Founded in 2018 and based in California, US, Tides Network, Inc. doing business as Portal, operates as a provider of financial services for cryptocurrency. The company was founded by Manoj Duggirala (CTO), Dr. Chandra Duggirala (CEO), and George Burke. The company plans to utilize the December 2025 funding to roll out its trust-minimized cross-chain trading infrastructure and support private digital asset exchanges across networks. In December 2025, Portal raised USD 25 million in venture funding led by new investor JTSA Global. Portal operates a decentralized finance platform for users interested in Bitcoin that enables them to atomic exchanges between Bitcoin and other digital assets and offers a Layer 2 digital wallet and real cross-chain decentralized exchange on Bitcoin. The platform is based on Fabric, an open-source protocol that enables users to create censorship-resistant communications, media, and one-click cross-chain swaps all on Bitcoin. This makes it possible for users to execute "smart contracts" privately and off-chain, maintaining their anonymity and avoiding risk staking. The company plans to utilize the December 2025 funding to roll out its trust-minimized cross-chain trading infrastructure and support private digital asset exchanges across networks.

## Funding rounds

- Seed, Jan 30, 2024, $34M — Arrington Capital, Coinbase Ventures, OKEx Blockdream Ventures, Gate.io

## Investors

- Arrington Capital — Seed
- Coinbase Ventures (https://capitalatlas.ai/funds/coinbase-ventures) — Seed
- OKEx Blockdream Ventures — Seed
- Gate.io — Seed