Distributed Systems
AcquiredSan Francisco, United States · Founded 2015 · $1.7M raised
- Headquarters
- San Francisco, California
- Employees
- 1–10
- Founded
- 2015
- Business Model
- B2B
- Total Funding
- $1.7M
- Last Round
- $1.7M SeedJan 2017
- Rounds
- 1
- Acquired by
- CoinbaseAug 2018
About
Distributed Systems was a San Francisco-based blockchain identity startup founded in 2015 by Nikhil Srinivasan, Alex Kern, and a five-person team. The company built the Clear Protocol, a decentralized identity standard for dApp developers, along with related GraphQL tooling, and applied computer vision techniques to identity verification. Coinbase acquired Distributed Systems in August 2018 to help build its identity and decentralized-identity initiatives, after which the standalone company ceased independent operation.
Summary
Distributed Systems is a Crypto & Web3 company based in San Francisco, United States, founded in 2015. It has raised $1.7M in total across 1 round, most recently a $1.7M Seed round in Jan 2017. Investors include Coinbase Ventures and Floodgate.
Funding History
Aug 2018
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Seed through Acquisition — per-round amounts, valuations, and who invested in each round.
Investors
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