BlockApps, an enterprise blockchain provider, has raised $41 million in funding in a round led by Liberty City Ventures. BlockApps has its own blockchain platform – STRATO, which is in use as some large firms like Bayer, as well as the US government.
Other new investors in the round include Morgan Creek Digital, Eidetic Ventures, and Givic. Existing investors ConsenSys, Bloccelerate, Fitz Gate Ventures, Arab Angels, Kenetic Capital, and PropelX also participated. BlockApps noted that both Liberty City Ventures and Morgan Creek Digital gain a seat on BlockApps’ Board of Directors.