TipRanks
2022-07-27 15:10:36

Tim Draper Invests in Blockchain Cybersecurity Service Naoris Protocol

Billionaire venture capitalist Tim Draper's Draper Associates, alongside other notable technology investors including Holt Xchange, Holdun Family Office, Holdun Opportunity Fund, Brendan Holt Dunn, Level One Robotics, SDC Management, Uniera, Expert Dojo, and several other angel investors, have cumulatively invested $11.5 million in blockchain-based cybersecurity solution Naoris Protocol. Naoris Protocol is building a novel cybersecurity network by leveraging blockchain technology. It uses AI-based risk management and a Mesh-based decentralized validator structure to give individuals and businesses total control over their data and digital security. Owing to its unique blockchain-powered CyberSecurity Mesh HyperStructure, Naoris Protocol turns every participating network device into a trusted validator node.

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