Analog raised $16 M in a Seed Round round on 2024-02-11.

According to media reports, Analog raised $16 M in a Seed Round round on 2024-02-11.the investors in this funding round include NGC Ventures,NEAR Protocol,Wintermute,Mask Network,GSR,DWF Labs,MH Ventures,Tribe Capital,Alumni Ventures,Orange DAO and others. Following this round, Analog has raised a total of $36 M, bringing its latest valuation to $120 M.

Analog is a completely decentralized layer-0 platform for communicating validated event data with the Proof-of-Time consensus mechanism. At the core of the platform are tesseracts and time nodes that can privately fetch and confirm event data from sovereign chains, allowing different ecosystems to speak the same language. Analog aims to bring trustless, omnichain interoperability, enabling developers to build their applications via a universal protocol and an API. Additionally, Analog is unveiling a novel, superfast PoT protocol that creates verifiable event data on the Timechain, allowing DApp developers to build next-generation event-based applications.