Torus provides private-key management solutions that split sensitive information across multiple computer servers (sharding) so attackers cannot easily reconstruct users' private keys. The company emphasizes ease of use with on-ramp integrations that are indistinguishable from web2 login flows such as Google and Facebook. Torus launched a beta testnet earlier this year for Ethereum users. The developer team received an initial investment from Binance Labs last September. Torus is working on building tools for other major blockchain platforms, including Tron and EOS. The startup recently closed a $2 million seed round to support its development and expansion efforts.

Total raised

$2M

Funding rounds

1

Latest round

Seed

Latest activity

Jul 2019