Case, the Rochester, N.Y.-based innovator in block chain technology, has secured $ 1.5 million in seed funding led by FuturePerfect Ventures, along with RRE Ventures and the Rochester Institute of Technology Fund, among others. The funding round follows the launch of Case’s credit card-sized hardware bitcoin wallet last month at TechCrunch Disrupt NY 2015 at Manhattan Center in New York, N.Y. The secure, easy-to-use device leverages multi-signature, multi-factor security with visual validation and global GSM connectivity.
“The recent announcement that the NASDAQ is piloting block chain 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 Chief Executive Officer Melanie Shapiro.
“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 block chain technologies. Making highly-secure signing and authentication available across a variety of applications is just the beginning.”
Goal: Improved security and privacy
Case is developing partnerships with financial