#data gumbo

[pavel-nosok]

Data Gumbo Chief Talks Saudi Aramco Backing and Latest $4M Round

Data Gumbo Chief Talks Saudi Aramco Backing and Latest $4M Round

The oil and gas sector was on the brink of collapse this year amid a devastating decline in commodity prices in the wake of weakened demand as a result of the COVID-19 pandemic.

Oil prices have recovered somewhat, but the industry is still having to reinvent itself in some ways to keep businesses running. Fortunately, energy is one of the sectors that blockchain technologyhas already begun to…

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[thecryptoreport]

Data Gumbo gets $4M Series B funding to grow GumboNet blockchain Data Gumbo, creators of an industrial blockchain network, today announced the first close in its Series B funding round of $4 million led by new investor L37, a Bay Area and Houston-based venture capital company, with return investments from Equinor Ventures, the venture subsidiary of Equinor, and Saudi Aramco Energy Ventures, the venture subsidiary of Saudi Aramco.

[thecryptoreport]

Data Gumbo raises $6 million to develop industrial smart contracts blockchain

Data Gumbo raises $6 million to develop industrial smart contracts blockchain

Data Gumbo, a Houston-based technology company that has developed a Blockchain-as-a-Service (BaaS) platform to streamline smart contracts management for industrial customers, announced today completing a $6 million Series A equity funding round.

The round was co-led by Saudi Aramco Energy Ventures, the venture subsidiary of Saudi Aramco, and Equinor Technology Ventures, the venture subsidiary of…

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[thecryptoreport]

Murphy Global Logistics adopts blockchain to track commodities shipping

Murphy Global Logistics adopts blockchain to track commodities shipping

Data Gumbo, a Houston-based technology company, that has developed the blockchain-as-a-service (BaaS) platform GumboNet to streamline smart contracts for the oil & gas industry, today announced that Murphy Global Logistics, a freight forwarder for international commodities shipping, has adopted Data Gumbo’s solution.

“We manage the most complex oil & gas shipping transactions in the industry,…

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[btcmanager]

Major Energy Companies Invest $6 Million in Blockchain Startup Data Gumbo

Major Energy Companies Invest $6 Million in Blockchain Startup Data Gumbo

The American blockchain startup Data Gumbo Corp. secured $6 million in its Series A funding. It was co-led by the venture arm of the largest petroleum and natural gas company Suadi Aramco, reported World Oil on May 8, 2019. $9.3 Million Total Funding Data Gumbo Corp. was founded by a former...

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