Interoperability startup Analog has announced the completion of a $5M private raise from leading VCs and angel investors. The news means that Analog’s total funding to date now stands at $21M and leaves it primely positioned to press ahead with its public token sale and mainnet launch.
The investment, which entailed backing from heavyweights such as Tribe Capital, Balaji Srinivasan, Wintermute, and Mask Network, provides a substantial runway for Analog’s next phase of growth. Having been incubated by Binance and supported by Foresight Ventures, Near Foundation, and numerous other venture partners, Analog is well-equipped to accelerate development of its core technologies including its General Message Passing (GMP) protocol.
Making the Case for Analog
The blockchain landscape has never been more alive – or more fragmented. Siloed networks, incompatible protocols, and limited cross-chain functionality to name but a few bugbears hinder the seamless flow of assets and da
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