Crypto Short News

Blocko Raises $7.5 million In a Series B+ Funding Round.

Blocko, a Korean based Samsung SDS backed infrastructure provider, raised $7.5 million (KRW9 billion) in a Series B+ funding round. Shinhan Bank, KEB, Hana Bank, Investment Dadam including major domestic financial institutions participated and invested in the startup.

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Blocko came into existence in December 2014 and has received series A, Series A + and Series B investments. This is from Samsung Venture Investment, Daesung Entrepreneur Investment, and POSCO Technology Investment. Samsung SDS has also invested in Blocko to boost future business competitiveness through startup investments.

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Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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