Tim Berners-Lee’s startup, Inrupt, has raised about reported in late October that the three-year-old Inrupt was in talks to raise between \)"> 30 million to in a blog post.
“Our thesis for the investment in Inrupt is a simple one: consumers, governments, and many companies are eager to move towards a truly open and collaborative web (aka Web3), and Inrupt’s enterprise Solid server (ESS) represents the most technically advanced and commercially viable path to realizing that future. Embedded in our thesis is the belief that this top-tier team is uniquely qualified to meet the requirements and expectations of government and corporate partners, as well as the broader public,” he added.
Inrupt’s customers include governments and enterprises. The startup has signed contracts with governments of Sweden, Argentina and Basque, TechCrunch reported earlier. It generated \)"> 225,000 in revenue last year, and $200,000 in revenue in September, the report said.
The startup will deploy the funds to “expand its global footprint of Solid deployments in both the government sector and the commercial sector,” said Hartwell.
The startup will deploy the funds to “expand its global footprint of Solid deployments in both the government sector and the commercial sector,” said Hartwell.