# SEDA: Information technology & services, Zug, Switzerland

> SEDA: SEDA is an open-source infrastructure protocol designed to enhance data interoperability between off-chain and on-chain environments across various...

Source: https://millionrounds.com/startup/seda (Millionrounds; every figure on the page links to its filing or article)

Switzerland · [Information technology & services startup](https://millionrounds.com/companies)

# SEDA

SEDA is an open-source infrastructure protocol designed to enhance data interoperability between off-chain and on-chain environments across various blockchain networks.

Funding reported Last round: Initial coin offering

Information technology & services Zug, Switzerland

Company summary

- **Founded:** 2021 5 years old
- **Team:** 29 11 to 50 people
- **Funding reported:** 22M as listed, currency not stated
- **Last round:** Initial coin offering Dec 2021

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for SEDA has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About SEDA

SEDA is an open-source infrastructure protocol designed to enhance data interoperability between off-chain and on-chain environments across various blockchain networks.

Operating as a Layer 1 blockchain, SEDA provides a permissionless read-write network for developers and enterprises, addressing challenges such as centralization risks and data silos. The company aims to establish open standards for programmable oracle infrastructure, facilitating seamless data access from any public or private source. SEDA offers a range of services, including a unified data access platform that allows builders to deploy Oracle Programs and Data Proxies. Developers can create customizable Oracle Programs to manage data feeds and computations. The platform also features decentralized verification technology, ensuring secure and scalable data flows. SEDA's strategic vision positions it as a foundational layer for data in Web3, promoting horizontal scalability and modular infrastructure for blockchain applications.

## What company datasets say SEDA raised

Funding, as reported

Reported in all **22M** in the source's currency

Rounds **3**

Last round **Initial coin offering**

Last round size **10.3M**

Last round date **Dec 2021**

Investors listed **19**

## On 9 portfolio pages

Investors who name them

- [Figment Capital](https://millionrounds.com/fund/figment-capital)
- [Reciprocal Ventures](https://millionrounds.com/fund/reciprocal-ventures)
- [Greenfield One](https://millionrounds.com/fund/greenfield-one)
- [Maven 11 Capital](https://millionrounds.com/fund/maven-11)
- [ByzantineMarine](https://millionrounds.com/fund/byzantinemarine)
- [Blockwall](https://millionrounds.com/fund/blockwall)
- [Greenfield Capital](https://millionrounds.com/fund/greenfield-capital)
- [Flow ventures](https://millionrounds.com/fund/flow-ventures)
- [Cosmos Network](https://millionrounds.com/fund/cosmos-network)

Each firm lists SEDA on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

decentralized finance (defi) custom oracle feeds data request lifecycle horizontal scalability programmable oracle programs data proxy smart contracts oracle programs resource lock verification network governance information technology & services blockchain technology financial services secure verification modules interoperability solutions api integration

Built with from their website

Google App Engine Google Cloud Google Workspace CloudFlare Viewport Meta Google Drive webpack Google Cloud Hosting Google Meet Firebase

+8 more

GitBook Priority Hints React CAPTCHA Google Font API Mobile Friendly Vercel Open Graph

- **Sector:** Information technology & services
- **Industry code:** NAICS 54151, 513210, 518210, SIC 7375, 7372, 7374
- **Region:** Canton of Zug
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/seda)

## Information technology & services in Switzerland

Startups like it

- [**KNIME** Zurich · founded 2008 *Raised*](https://millionrounds.com/company/knime)
- [**Cerrion** Zuerich · founded 2021 *Raised*](https://millionrounds.com/company/cerrion)
- [**B3i** Zurich · founded 2016 *Raised*](https://millionrounds.com/company/b3i)
- [**BRD** Freienbach · founded 2015 *Raised*](https://millionrounds.com/company/brd)
- [**Tangem** Zug · founded 2017 *Raised*](https://millionrounds.com/company/tangem)
- [**ETFBOOK** Zuerich · founded 2020 *Raised*](https://millionrounds.com/company/etfbook)
- [**Squirro** Zuerich · founded 2012 *Raised*](https://millionrounds.com/company/squirro)
- [**Frontify** St. Gallen · founded 2013 *Raised*](https://millionrounds.com/company/frontify)

## Is this your company?

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