Razor Network Raises $3.7 Million in Private Funding To Build Truly Decentralized Oracles

Divij Sood
Nov 4, 2020 · 2 min read
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We are excited to announce that we have successfully closed our seed and private sales round, where we have raised a total of $3.7 million.

The rounds were led by prominent investors in the blockchain world, including NGC Ventures, Alameda Research, Borderless Capital, IOSG Ventures, Origin Capital, Bixin Ventures, Spark Digital Capital, BTC12 Capital, ZMT capital, Kosmos Ventures, One Block Capital, TRG Capital, Genblock Capital, Consensus Capital, and Bitblock Capital.

Some industry thought leaders also joined the rounds, including:

  • Mariano Conti — Ex-Head of Oracles, MakerDAO
  • Tushar Aggarwal — Co-founder of Persistence
  • Vincent Eli — Ex-Researcher at Metamask, Ph.D. in Decision and Game Theory

Speaking about the funding round, Roger Lim, Founding partner at NGC ventures, said

“DeFi projects of tomorrow require oracles that are timely and accurate. Hrishikesh and his team are building a fully decentralized and permission-less oracle with a focus on security to solve this problem. We are happy to be part of this journey together with his team.”

Speaking about the funding round, Hrishikesh Huilgolkar, CEO of Razor Oracle Network, said

“The confidence shown in us by established names like NGC Ventures and Borderless Capital speaks volumes about the innovation and technical expertise that we are bringing to the decentralized oracles sector.”

Razor Network is developing a completely decentralized oracle network, with no centralized bottlenecks and maximum game-theoretical security. Our platform connects smart contracts with information from the real world quickly and securely, ensuring that decentralized applications can access reliable data.

We are also finalizing the details of our Public Sales round. Stay tuned to this space for more details.

About Razor Network

Razor Network is developing a completely decentralized oracle network, with no centralized bottlenecks and maximum game-theoretical security. Our platform connects smart contracts with information from the real world quickly and securely, ensuring that decentralized applications can access reliable data.

We are also finalizing the details of our Public Sales round. Stay tuned to this space for more information.

Please follow us on Telegram and Twitter for updates.

· Follow us on Medium

· Visit our Website­

· Read our Explainer and Whitepaper

· Explore the Network

· Try DeltaOne, Our synthetic assets platform

· Reach out — hello@razor.network

Razor Network

Razor Network — A truly decentralized oracle platform for…

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