Loom Network
Loom Network is a Platform as a Service built on top of Ethereum that allows developers to run large-scale decentralized applications.
Business Model: B2C
Revenue: $1M
Employees: 11-50
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Detailed Loom Network Information
Geographic Data
Address: Chitlom
City: Bangkok
State: bangkok province
Zip: 10110
Country: TH
Financial Info
Stage:
non equity assistance
Raised Last:
$0
Raised Total:$120k
Social
Metrics
2,081,419Website Global Rank
10,006Website Monthly Traffic
Twitter Followers
Description
Loom Network is a PaaS (Platform as a Service) that allows Ethereum based Solidity applications to be run on main chain and on private, and semi public chains. The goal is to allow app developers to have smart contracts that can access more computing power when necessary, or the same computing at lower costs for tasks like free trials for onboarding new users or applications that doesn&s;t need the full security of the blockchain. Included with this system they have the ability to interact with APIs from third parties that are not on chain such as connecting with Twillio to do 2factor authentication for smart contracts. Loom tries to be the one-stop full-service platform that allow smart contract developers and traditional developers alike to create their applications without switching programming languages or manually managing servers, and all with the added advantage of easily integrating their apps with outside world. Like a Blockchain-aware and Blockchain-ready AWS.
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| Announced Date | Company | Transaction | Money Raised |
|---|
| Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 2/2018 | Non Equity Assistance | 1 | - |
Creative Destruction Lab (CDL) Creative Destruction Lab (CDL) |
1/2018 | Seed Round | - | 1/2018 | Seed Round | 3 | $120k |
MW Partners Group Nirvana Capital Techstars Techstars New York City Accelerator MW Partners Group Nirvana Capital Techstars Techstars New York City Accelerator |
2/2018 | Non Equity Assistance | 1 | - |
Creative Destruction Lab (CDL) Creative Destruction Lab (CDL) |
1/2018 | Seed Round | - |
|---|
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Employee Departments
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Revenue: 0 - 100000 Employees: Industry: Software |
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Revenue: 0 - 100000 Employees: 51 - 500 Industry: Education |
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Revenue: 0 - 100000 Employees: 1 - 10 Industry: Blockchain |
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Revenue: 0 - 100000 Employees: 11 - 50 Industry: Industrial |
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Revenue: 0 - 100000 Employees: 1 - 10 Industry: Advertising |
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