Masa Network Secures $5.4M Funding to Propel User-Centric Data Ecosystem

In a significant development on January 23, 2014, Masa, a leader in decentralized data marketplaces, has successfully raised an impressive $5.4 million in its latest seed funding round. The primary investor in this funding triumph is Anagram, led by Solana Foundation President Lily Liu and former Polychain President Joe Eagan. Masa has now amassed a total investment of $8.9 million, building upon the $3.5 million secured in its pre-seed stage in May 2022.

With this new capital, Masa is poised to develop and refine what is commonly referred to as the “Decentralized Google.” This ambitious project aims to create an open, secure, and incentivized economy, while also ensuring individual ownership of personal data worldwide. Masa utilizes cutting-edge zero-knowledge and fully-homomorphic encryptions to guarantee a secure and seamless user experience.

Co-Founder of Masa Network, Calanthia Mei, expressed her excitement about the company’s groundbreaking initiative. She stated, “Masa Network realizes the original blockchain dream – a fair data economy where you own and profit from your data. With AI fueling surging demand, Masa arrives at the perfect time. Masa lets you control and monetize your data on a decentralized marketplace. Own your data, control its use, and get paid. The future is data sovereignty. The power is yours with Masa.”

The rise of decentralized data marketplaces has garnered attention, with Masa potentially being the game-changer the industry has been waiting for.