Case, a blockchain technology company, announced Thursday it has raised $1.5 million in a seed round led by Future/Perfect Ventures, with participants including RRE Ventures, High Line Venture Partners, and the Rochester Institute of Technology Fund.
Case’s funding round follows the launch of the company’s credit card-sized hardware wallet at TechCrunch Disrupt NY. The device uses multi-signature, multi-factor security with visual validation and l GMS (global system for mobile communications) connectivity.
“The recent announcement that the NASDAQ is piloting blockchain technologies for different use cases underscores the promise of the technology and Case is poised to provide trusted, decentralized and biometrically secure signing of those and similar transactions,” said Case CEO Melanie Shapiro in a press release. “We’re looking forward to providing uncompromised security and ease-of-use for bitcoin buyers, sellers and users, to unlock the potential of bitcoin and blockchain technologies. Making highly secure signing and authentication available across a variety of applications is just the beginning.”
As reported by the Wall Street Journal, the device features