Gem, a California-based blockchain platform, has closed $7.1 million in Series A funding led by Pelion Venture Partners and including Digital Currency Group, KEC Ventures, Blockchain Capital, Birchmere Labs, RRE Ventures, Tamarisk Global, Drummond Road Capital, Tekton Ventures, Amplify.LA, Danmar Capital and angel investor James Joaquin.
The funding allows Gem to expand its API to create a modular platform for blockchain applications for use cases across multiple industries.
https://www.cryptocoinsnews.com/blockchain-platform-gem-secures-1-7-million-series-funding/
