BlockBeats News, July 31, Cryptocurrency data company TACEO completed a $5.5 million seed round of financing, led by Archetype VC, with participation from a16z CSX, Cyber.Fund, a_capital, and Polymorphic Capital.
This funding will accelerate TACEO's launch of its innovative data infrastructure product, "Private Shared State." This product enables collaborative computation, validation, and updating of encrypted data sets without the need for a trusted central authority or data exposure.