Data Collecting Company Privy Raised $8.3M in Seed Round Co-led by Sequoia Capital and Blue Yard Capital

Data collecting startup Privy has raised $8.3m in seed round, co-led by Sequoia Capital and Blue Yard Capital. The fund raised will be used to expand the engineering and research team, as well as to continue creating user cases. Privy aims to provide smooth user experience while securing data. Project developers can use APIs provided by Privy to integrate user data. The encrypted data will be associated to on-chain addresses to allow developers to notify users without using local storage.