Finds Funding

Los Angeles-based Impervios Technologies, a developer of a software layer built on Bitcoin to enable "cryptographically secure, streaming, and censorship-resistant applications", said on Friday that it has raised a pre-seed financing. Size of the funding was not announced. The round was led by Trammell Venture partners, and also included Strategic Cyber Ventures, Ten-31,, and Mike Doniger, Former Director of Research at Citadel Fundamental Strategies. The startup is led by CEO Chase Perkins. The startup says applications built on its API include peer-to-peer streaming video, podcasts, live events, news reporting, distributed storage, and VOIP-based communications.