News: Australian blockchain software company Chrono.Tech raised over $30 million funding

HR Technology

Australian blockchain software company Chrono.Tech raised over $30 million funding

The funding round was led by Australian venture capitalist Mark Carnegie and a leading European Family Office.
Australian blockchain software company Chrono.Tech raised over $30 million funding

Chrono.Tech an Australian blockchain software company — has raised over $30 million in investment funds to grow its HR-focused solutions aimed at solving a number of problems in the recruitment industry using blockchain technology. 

MH Carnegie & Co has over a billion dollars under management and has recently expanded its activities into the decentralized space with the launch of MHC Digital Asset Fund aimed at blockchain-based technology companies.

Commenting on the funding round, Sergei Sergienko, Chrono.Tech founder and CEO said, “Given that Mark Carnegie is both a well-respected and successful asset manager and venture capitalist, and someone who has recognised the potential of blockchain technology, it's very encouraging that he has given Chrono.Tech his vote of confidence through his investment in the company.”

The funds invested in Chrono.Tech during the latest round will be used for scaling and developing the lineup of services and products the company offers in the HR and crypto payroll sectors, as well as its latest directions in workforce management. The company offers a range of tailored products that assist companies in setting up convenient payment gateways in cryptocurrencies and help them find freelancers willing to accept digital currencies as a means of payment. 

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Topics: HR Technology, Funding & Investment, #HRTech

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