Stampery Announces $600k Investment Round Led by Draper & Associates

Source:
Press Release

US, November 18, 2015 at 11:39 BST

Stampery Inc, the company that leverages blockchain technology to bring to the market digital data notarization, announced today the closing of a financing round of $600k, leaded by Draper & Associates with Boost VC, Blockchain Capital and angel investor Di-Ann Eisnor, head of Growth at Waze.

“Our mission is to enable our users to generate accurate, reliable and irrefutable proof of existence and integrity of all their files and digital communications” said Daniele Levi, CEO of Stampery. “The investment and partnership from Draper & Associates and the global relationships and experience they provide will enable us to accelerate adoption of our technology and grow our customer base. We are extremely excited to join an elite group of companies like Tesla, Skype or Baidu, also part of the Draper & Associates portfolio, and to work with the Draper family, who has always been an inspiration for the whole Stampery team”.

“We have created a product that puts blockchain technology to work without the user even noticing. Now we will continue integrating in systems millions of people are using - we already rolled out our Dropbox integration, next is Box, and so on. Our vision is to be everywhere there is a need of notarization. Traditional notarization is a drop in the ocean compared to the world of possibilities that fast and automatic data notarization opens up” said Luis Iván Cuende, CTO.

About Stampery

Stampery is a company based both in San Francisco, CA and Madrid, Spain, whose core mission is to replace brick-and-mortar notary publics. Stampery enables users to generate an immutable and accurate proof of existence, integrity and ownership for any document or digital communication. Anybody in the world can verify automatically and at zero cost that the documents or communications notarized with Stampery were made by a specific person on a specific date and that they weren’t modified. Leveraging a decentralized technology, as the blockchain is, the proofs generated with Stampery are valid forever and globally accessible, even if Stampery disappears.

About Draper & Associates

Draper Associates, founded in 1985, is a seed-stage venture capital firm that encourages entrepreneurs to drive their businesses to greatness, to transform industries with new technologies, and to build platforms for extraordinary growth, jobs, and wealth creation. The firm was founded by Tim Draper, and is best known for investments in companies such as Tesla, Skype, Baidu, Twitch, and Thumbtack.

http://www.stampery.com

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