March 30, 2021
Cere Network is the first Decentralized Data Cloud (DDC) platform in alignment with Polkadot, optimized for service data integration and data collaboration. While most enterprise blockchains are simply distributed ledgers, the Cere DDC platform is built from the ground up to power the new generation of first-party customer data ecosystems. Harnessing similar goals to cloud platforms like Snowflake, Cere's DDC platform is delivering on a new decentralized level of data privacy, data agility, and data interoperability.
Saxon Advisors advised the management team on the $5 million round, which included the participation of Republic Labs, Woodstock Fund, JRR Capital, Ledger Prime, G1 Ventures, ZB exchange, and Gate.io exchange.
Cere Network had previously secured $5 million from Binance Labs and Arrington XRP Capital, among other investors, bringing the firm's total capital raised to $10 million.