Infoteria and Jafco have combined to invest $14.6m in cryptocurrency technology developer Tech Bureau, reportedly bringing its overall funding to $24m.
Japan-based cryptocurrency and blockchain technology developer Tech Bureau has secured ¥1.6bn ($14.6m) in funding from enterprise software producer Infoteria and investment firm Jafco, The Bridge has reported.
Tech Bureau has created an online platform called Comsa that can be used to launch initial coin offerings (ICOs). ICOs, which have become a popular fundraising tool recently, involve companies issuing their own digital currencies that investors can exchange for Bitcoin.
The company intends to follow up the equity round by launching an…
