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Topic: [2016-08-26]South Africa’s Blockchain Startup Custos Raises Funds to Fight (Read 257 times)

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South Africa’s Blockchain Startup Custos Raises More Funds to Fight Piracy

Custos Media Technologies, a South African company which fights piracy using Bitcoin and blockchain technology, has recently announced a successful fundraising round of $420,000. South Africa’s Technology Innovation Agency (TIA) is the investor in Custos’ latest fundraising round. A prominent startup news media outlet reports that the company will be receiving the raised amount over the next two years. This is the third funding round, amounting to a total of $850,000 till date. Custos Media Technologies is founded by a group of researchers from the Stellenbosch University. They have developed a technology that embeds Bitcoin bounties into copyright protected videos...

http://www.newsbtc.com/2016/08/26/custos-raises-more-funds-to-fight-piracy/
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