Decentralized Communication Startup New Vector Raises $8.5M

Decentralized Communication Startup New Vector Raises $8.5M
imageCryptocurrency News1 hour ago (Oct 10, 2019 04:41PM ET)

(C) Reuters. Decentralized Communication Startup New Vector Raises $8.5M

London-based decentralized communication startup New Vector has raised $8.5 million to drive adoption for Matrix, a major alternative messaging protocol.

The Matrix protocol, which enables secure communication via end-to-end encrypted messaging applications such as Riot.IM, an alternative to WhatsApp, Telegram or Slack, will continue scaling and growing its network with the newly raised funds, New Vector announced on Oct. 10.

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Decentralized Communication Startup New Vector Raises $8.5M

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