Reach, a blockchain development platform for decentralized applications, has raised $12 million from investors to further its goals of simplifying the DApp creation process, the company announced on Wednesday.
The latest funding round takes the total sum raised by Reach to $48 million as the firm aims to produce a JavaScript-like programming language for use in building blockchain applications. At present, most major blockchains launch with their own unique programming languages, meaning the applications built on each platform are rarely compatible with any other.