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Arweave Secures $5 Million in Funding Round Led By Andreessen Horowitz

Published 11/05/2019, 07:26 PM
Updated 11/05/2019, 09:01 PM
Arweave Secures $5 Million in Funding Round Led By Andreessen Horowitz
SQ
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Venture capital firm Andreessen Horowitz has led a $5 million funding round for Arweave, a blockchain-startup focused on permanent online data storage.

On Nov. 5, the Arweave project reported that it had attracted world-leading funds in a $5 million investment round led by Andreessen Horowitz’s a16z Crypto, with the participation of other top investors such as Union Square (NYSE:SQ) Ventures and Multicoin Capital.

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