{"id":5019,"date":"2023-05-10T11:49:57","date_gmt":"2023-05-10T11:49:57","guid":{"rendered":"https:\/\/founderlodge.com\/latest-news\/?p=5019"},"modified":"2023-05-10T11:49:59","modified_gmt":"2023-05-10T11:49:59","slug":"webb-raises-7m-in-funding-to-continue-its-development-of-the-webb-protocol","status":"publish","type":"post","link":"https:\/\/founderlodge.com\/latest-news\/webb-raises-7m-in-funding-to-continue-its-development-of-the-webb-protocol\/","title":{"rendered":"Webb Raises $7M in Funding to Continue its Development of the Webb Protocol."},"content":{"rendered":"\n<figure class=\"wp-block-image size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/05\/image-105.png\" alt=\"\" class=\"wp-image-5020\" width=\"117\" height=\"117\" srcset=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/05\/image-105.png 400w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/05\/image-105-300x300.png 300w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/05\/image-105-150x150.png 150w\" sizes=\"(max-width: 117px) 100vw, 117px\" \/><\/figure>\n\n\n\n<p>New York City, NY &#8211; <a href=\"https:\/\/webb.tools\/\">Webb<\/a>, a software development company based in the United States, has announced that it has raised $7,000,000 in funding from <a href=\"https:\/\/polychain.capital\/\">Polychain Capital<\/a>, <a href=\"https:\/\/lemniscap.com\/\">Lemniscap<\/a>, and <a href=\"https:\/\/zeeprime.capital\/\">Zee Prime Capital<\/a>. This funding will be used to continue the development of the Webb Protocol, a multi-chain privacy system designed to enable the transfer of assets across blockchain protocols while maintaining financial privacy.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"544\" src=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/05\/image-106-1024x544.png\" alt=\"\" class=\"wp-image-5021\" srcset=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/05\/image-106-1024x544.png 1024w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/05\/image-106-300x159.png 300w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/05\/image-106-768x408.png 768w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/05\/image-106.png 1172w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>The Webb Protocol is built to be the most decentralized privacy system possible, using a novel economic design to incentivize privacy creation. With this funding, Webb will continue to invest in the research and development of the protocol to ensure it remains at the forefront of privacy technology.<\/p>\n\n\n\n<p>&#8220;We are thrilled to have the support of Polychain Capital, Lemniscap, and Zee Prime Capital as we continue to build the Webb Protocol,&#8221; said <a href=\"https:\/\/www.linkedin.com\/in\/drewcstone\/\">Drew S.<\/a>, Founder of Webb. &#8220;With this funding, we will be able to accelerate our development efforts and bring the benefits of financial privacy to a wider audience.&#8221;<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"607\" src=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/05\/image-107-1024x607.png\" alt=\"\" class=\"wp-image-5022\" srcset=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/05\/image-107-1024x607.png 1024w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/05\/image-107-300x178.png 300w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/05\/image-107-768x456.png 768w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/05\/image-107.png 1153w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>The Webb Protocol has the potential to revolutionize the way assets are transferred across blockchain protocols, making financial privacy accessible to everyone. The system has already garnered significant interest from the blockchain community and the funding will allow Webb to continue to build momentum towards its ultimate goal.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York City, NY &#8211; Webb, a software development company based in the United States, has announced that it has raised $7,000,000 in funding from Polychain Capital, Lemniscap, and Zee Prime Capital. This funding will be used to continue the development of the Webb Protocol, a multi-chain privacy system designed to enable the transfer of [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":5023,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":""},"categories":[2],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.2.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Webb Raises $7M in Funding to Continue its Development of the Webb Protocol. - Founder Lodge Latest News<\/title>\n<meta name=\"description\" content=\"New York City, NY - Webb, a software development company based in the United States, has announced that it has raised $7,000,000 in funding from Polychain\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/founderlodge.com\/latest-news\/webb-raises-7m-in-funding-to-continue-its-development-of-the-webb-protocol\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Webb Raises $7M in Funding to Continue its Development of the Webb Protocol. - 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