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Cion Digital secures funds to expand blockchain orchestration platform -Breaking

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Cion Digital is a company that develops enterprise SaaS blockchain orchestration platforms. It announced Tuesday that it has closed its latest seed round of funding at $12 million. The round was overseen by Green Visor Capital and 645 Ventures who have since joined Cion Digital’s board of directors. Participants included Cota Capital and Epic Ventures as well as Hourglass Capital Partners, Hourglass Capital Partners (BAT(LON:) Ventures), Greycroft, Ulu Ventures, and Cota Capital.

Following the raise, the company said that it intends to allocate these funds toward its new resource and development center in Pune, India in an effort to further expand the project’s payment infrastructure.