Strategic investors and some of the biggest innovators in the blockchain industry, such as Santiago Santos – General Partner at ParaFi Capital, Kenetic Capital, AU21, John Lilic, Siddharth Menon – Founder of WazirX, Tamar Menteshashvili from Solana, Aniket Jindal – Cofounder of Biconomy, and Arcanum Capital also participated in the seed fundraise.
Mayur Relekar, CEO of Arcana said “Data privacy and security will be first-class citizens in every app’s stack. Privacy and ownership of data will be a necessity for every product and developers need easy-to-use tools to fulfill this. Arcana is built to be privacy-first and developer-friendly.”
Sandeep Nailwal, the Co-founder of Polygon said, “Arcana’s biggest differentiation is that it is a whole suite of privacy and data management tools that are super easy to set up. Developers can look to delegate their app’s storage and access control to Arcana and focus on their core value proposition.”
Arcana aims to accelerate its product development, acquire talent, and create a vibrant developer community with the funding