CyberConnect, a Palo Alto, CA-based provider of a decentralized social graph protocol for Web3 connections, raised $15M in Series A funding.
The round was led by Animoca Brands, and Sky9 Capital with participation from Delphi Digital,Protocol Labs, IOSG Ventures, Tribe Capital, GGV Capital, Spartan Group, Amber Group, Polygon Studios, and SevenX Ventures.
The company intends to use the funds to further build its decentralized social graph protocol, add new members to the team, and onboard a variety of Web3 projects.
Led by Wilson Wei CyberConnect has developed a composable social graph that allows developers to bootstrap network effects and build personalized (contextualized) social features in dApps, while returning social data ownership to users.The social graph protocol represents 9 million connections across 620,000+ addresses that helps dApps build personalized social experiences and bootstrap network effects. The protocol is already integrated by an array of Web3 projects, including Project Galaxy, Mask Network, Light.so, Grape.art, Metaforo and forum.theopendao.
The protocol is composed of two core elements:
- A developer-friendly software development kit (SDK) to streamline writing and managing social connection data in a decentralized, self-sovereign manner.
- A Social Data Network that empowers dApps to leverage the indexed data and recommendations to build meaningful personalized user experiences.
FinSMEs
23/05/2022