TechFlow news — Blockchain contract management company Icertis has announced a $150 million financing round, with participation from Silicon Valley Bank. The funding consists of $75 million in convertible debt and $75 million in revolving credit facilities. To date, the company has raised a total of $520 million, which will be used to accelerate the adoption of transformative technologies such as artificial intelligence, machine learning, and blockchain.
Icertis' blockchain framework is a permissioned blockchain solution designed to enhance supply chain transparency, ensure compliance certification, and improve pricing functionality. In 2019, the company partnered with Microsoft to integrate AI and machine learning into the Icertis blockchain framework.Original link
