Cyber-Security Expert Ashar Aziz Invests in PeerNova
Digital currency tech firm PeerNova has reportedly received a pre-Series A investment by cyber-security expert Ashar Aziz, according to a Tuesday morning announcement. Aziz founded FireEye, a malware protection system, in 2004 and served as the company's CEO until 2012. Today, he's serving on FireEye's vice chairman of the board and chief strategy officer. "As cyber threats proliferate and get more sophisticated, I believe that crypto-ledgers like Bitcoin's block chain will play an increasing role in recording the exchange of valuable assets," he said in a statement relating to his....
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Semiconductor pioneer and experienced venture capitalist Pierre Lamond has thrown in some investment funds into San Jose-based PeerNova, according to a Tuesday announcement. Financial terms of the pre-Series A investment were not disclosed, and this isn't the first investment the company has received this year. Back in July, the company had announced that cyber-security expert Ashar Aziz has also made an investment, and the financial terms of that were also not announced publicly. And while we hear about investments in the bitcoin sector much more frequently now than, say, a year ago,....
Software and hardware vendor PeerNova has managed to raise close to nine million dollars in extra funding. The round was led by San Francisco-based technology investment firm Mosaic Partners, while other investments came from individuals such as venture capitalist Pierre Lamond and Ashar Aziz, the CTO of network security company FireEye. The company plans to use the funds to expand globally, further its research and experimentation, and bring the technology of the blockchain to its platform. PeerNova was formed in May of this year through the fusing of two mining companies. HighBitcoin and....
The promise of digital currency technology and its potential applications has drawn a number of investors to the ecosystem, each with unique backgrounds and expertise. For example, bitcoin mining company PeerNova announced in July that it had received funding from Ashar Aziz, a cybersecurity entrepreneur and founder of noted malware protection solutions provider FireEye. Aziz explained in a new interview with CoinDesk that the strengths of bitcoin are most obvious when you look at the infrastructure of today's mainstream payment systems. This infrastructure, which he labeled primitive,....
San Jose-based distributed financial technologies expert Peernova has received $5 million in funding from American online retail giant Overstock.com. This is the first investment by the online giant in a Bitcoin firm reinforcing the confidence in the decentralized blockchain technologies that Peernova is working on. General Manager of Overstock's Cryptocurrencies Group Judd Bagley has given Peernova his vote of confidence and believes that the technologies being developed by the blockchain expert will completely reform the way businesses are carried out. "Peernova is precisely the kind of....
The bitcoin mining ecosystem seems primed for major change, if recent developments are harbingers of what's to come. New funding and expansive initiatives are pushing the boundaries of the mining sector and opening doors for both recent entrants and established heavyweights. Today the bitcoin network hash rate stands at nearly 125 petahashes per second, according to Blockchain, with the difficulty resting just below 17 billion. With a steady trend upward - and suggestions that mining economies around the world could grow in scope and capacity - there's no telling where these numbers will....