Sending Labs, the startup focused on a decentralized communication platform, managed to raise $12.5 million in funding.
Investors continue to invest in the decentralized world of Web3. This time, Sending Labs, a new venture focusing on decentralized communication protocols, managed to collect an investment of 12.5 million dollars for the Web3 communication platform.
Sending Labs Raised $12.5 Million Investment
Interest in Web3 technologies is increasing day by day. Web3’s initiatives centered around decentralization continue to be followed with interest by investors.
Sending Labs was founded by the developers of Dolphin, a legacy Android-based browser that became available in 2011. The developers of Dolphin, a legacy mobile browser based on Android, are working to bring online communication to the Web3 ecosystem.
Focusing on the Web3 communication platform, Sending Labs managed to raise $12.5 million in the tour it participated in.
The new platform is tasked with creating an accessible and secure Web3 infrastructure for developers and the community alike. With its new feature, Sending Labs aims to activate privacy-protecting communications and guarantee ownership and transfers of digital assets to community chats.
Announcing its funding today, Sending Labs has launched two messaging products, including SendingNetwork and SendingMe.
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