What is Red Date Technology?
Red Date Technology is the driving force behind the Blockchain-based Service Network (BSN), a global public infrastructure network designed for the deployment and operation of diverse blockchain distributed applications (DApps). This comprehensive platform serves as a one-stop shop for DApp developers, enabling them to deploy and manage both permissioned and permissionless blockchain applications seamlessly. By establishing operating environments and shared nodes on BSN's public city nodes (PCNs) worldwide, Red Date Technology simplifies the development process, requiring developers only to connect to a chosen PCN and upload smart contracts, with the company handling all subsequent operations.
How much funding has Red Date Technology raised?
Red Date Technology has raised a total of $30M across 1 funding round:
Series A
$30M
Series A (2021): $30M with participation from Pictet, Prosperity7 Ventures, Kenetic, and Bangkok Bank
Key Investors in Red Date Technology
Pictet
Pictet is a global wealth and asset management firm with a specialization in venture capital investments and financial services, offering asset management solutions for institutional clients and private investors.
Prosperity7 Ventures
Prosperity7 Ventures is an investment firm that has participated in this funding round.
Kenetic
Kenetic Capital is an investment firm focusing on early-stage blockchain and crypto technology, aiming to support companies leading the next wave of technology adoption in the Web3 space.
What's next for Red Date Technology?
The substantial enterprise-level backing signifies a pivotal stage for Red Date Technology, likely enabling aggressive scaling of its BSN infrastructure and global reach. This strategic investment is expected to accelerate the development of new features, expand its network of public city nodes, and foster greater adoption of DApps on its platform. The company is well-positioned to solidify its role as a foundational layer for the decentralized web, attracting more developers and enterprises seeking robust blockchain solutions.
See full Red Date Technology company page
