Massive Raises $11 Million in Seed Funding from Point72 Ventures to Bring a New Business Model to the Internet
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Tuesday, November 30, 2021
Kraken, CTO, Chrome, CEO, Computer, Google, Venture, IPO, Union Square Ventures, Advertising, SDK, RCVR, CIO, Paywall, Engineering, Yelp, Privacy, Internet, Multimedia, Growth, Cryptocurrency, Online shopping
The round was led by Point72 Ventures with participation from Coinbase Ventures, Kraken Ventures, BlockTower Capital, and CoinShares Ventures.
Key Points:
- The round was led by Point72 Ventures with participation from Coinbase Ventures, Kraken Ventures, BlockTower Capital, and CoinShares Ventures.
- Massive previously raised $1.5 million of pre-seed funding from Launch, Hustle Fund, and angel investor Brad Burnham of Union Square Ventures.
- The internet's advertising-driven business model is long overdue for disruption, and we are excited to partner with Massive on their journey."
- With offices in the US and Europe,Point72 Ventures isan affiliate of Point72, the global asset manager founded by Steven A. Cohen.