Chrono.tech Closes $30M for HR Blockchain Solution
Chrono.tech announced it has attracted a total of $30 million in investment, with participants in the funding round including well-known Australian venture capitalist Mark Carnegie and a major European Family Office.
“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,” as Sergei Sergienko, Chrono.tech founder and CEO, commented on the investment round. “Along with the European investment, it’s validation from the mainstream financial world of the work we’ve been doing for the past five years, and a strong signal that we’re on the right track for further growth in the months and years to come.”
Chrono.tech was founded in 2016, making it one of Australia’s oldest blockchain businesses and is a provider of blockchain-based solutions aimed at the HR and recruitment sector.
The funds invested in Chrono.tech will be used for scaling and developing the suite of services the company offers in the HR and crypto payroll sectors, as well as its latest solutions for workforce management.
Announcement: Chrono.tech Closes $30M for HR Blockchain Solution