A pioneering blockchain software start-up based in London has successfully secured £1.4 million in seed funding. Supported by prominent figures including the co-founder of Gumtree, this venture is set to enhance data security across industries.
Gospel Technology, the London-based start-up, has developed an ‘enterprise-grade’ security platform utilising blockchain. The system is designed to cater to industries ranging from retail to government, providing assurance in data integrity and accessibility.
This approach addresses the growing concern of trust in data systems, especially for businesses needing to share sensitive data externally.
Such advancements represent a significant leap toward more secure data management solutions.
Their support underscores the technology’s potential to tackle critical data security challenges.
This growth trajectory mirrors its commitment to advancing its technology and scaling its solutions.
His extensive experience at IBM, especially in product management, adds substantial value to Gospel’s innovative offerings.
The funding marks a critical step for Gospel Technology in revolutionising data security. With strong backing and a visionary leadership team, the company is well-positioned to transform how industries protect and share data.
Gospel Technology’s £1.4 million seed funding stands as a testament to its potential to innovate in data security. As the firm gears up for expansion, its impact will likely be felt across various industries, setting new benchmarks for trust and transparency.