Factom Continues Its Rise in Global Technology

Posted on 10/26/2016 by Greater Austin Chamber of Commerce

Since earning the A-List award, promising startup Factom has had a full plate of opportunity and business expansion.

The blockchain software company completed its first phase of a project working with the Department of Homeland Security. They were given the opportunity to present before the National Institute of Science and Technology. They also raised $4.2 million for Factom's Data Play program. Famed tech-investor Tim Draper led the venture. As a consequence of growth and expansion, Factom brought in three industry heavyweights to lead upgrades in manufacturing, mortgage technology, and operations: Mahesh Paolini-Subramanya as EVP of Research and Development along with mortgage technology experts Laurie Pyle and Jason Nadeau. Read more about this here.

The Austin Chamber recognized Factom for its innovation and groundbreaking work in blockchain technology. They continue to serve as industry leaders and pave the way for future success and technological advances.

Related Categories: Innovate Austin