{"id":368997,"date":"2021-11-18T17:38:46","date_gmt":"2021-11-18T14:38:46","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/nym-technologies-raises-13m-to-develop-surveillance-evasion-platform\/"},"modified":"2021-11-18T17:38:46","modified_gmt":"2021-11-18T14:38:46","slug":"nym-technologies-raises-13m-to-develop-surveillance-evasion-platform","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/nym-technologies-raises-13m-to-develop-surveillance-evasion-platform\/","title":{"rendered":"# Nym Technologies raises $13M to develop surveillance-evasion platform"},"content":{"rendered":"

“# Nym Technologies raises $13M to develop surveillance-evasion platform <\/strong>”
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European security startup Nym Technologies has announced a $13 million funding round coordinated by renowned crypto investor Andreessen Horowitz, or a16z, and further participated by a venture capital firms Digital Currency Group, Tayssir Capital, Huobi Ventures, Hashkey and Fenbush.<\/p>\n

This third funding round represented their highest raise to date, following seed funding of $2,5 million in May 2019 and Series<\/a> A raise of $6 million in July 2021 \u2014 Polychain Capital led the latter of which \u2014 according to financial data<\/a> from Crunchbase.\u00a0<\/p>\n

Nym Technologies is an open-source, decentralized infrastructure that aims to surpass the typical third-party privacy services offered on virtual private networks (VPNs) or Tor networks, by utilizing mix network protocols to obscure individuals’ metadata footprint, and in turn, evade the burgeoning influence of mass surveillance on the web.<\/p>\n

Developers can also utilize the infrastructure to build app<\/a>lications with an inherent focus on anonymity and privacy-centric online experiences.\u00a0<\/p>\n

The Nym team has outlined plans to allocate the funding to expand their community and their product workforce. The team expects the launch of their decentralized mixnet mainnet, as well as a tokenomic model for the NYM asset, in the near future.<\/p>\n

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And it is official! Read the @a16z<\/a> Nym investment thesis by @alive_eth<\/a> and @guywuolletjr<\/a> #DecentralisedGlobalPrivacy<\/a>#PrivacyToTheMoon<\/a>#Nym<\/a>https:\/\/t.co\/aPXDmWAYzu<\/a><\/p>\n

\u2014 Nym (@nymproject) November 18, 2021<\/a><\/p><\/blockquote>\n