TechCrunch
Element, a messaging app built on the decentralized Matrix protocol, raises $30M
Element has picked up $30 million in a Series B round of funding. Matthew Hodgson, Element’s CEO and the technical co-founder of the open source, non-profile Matrix protocol, also said that some will be used to continue investing in the company’s peer-to-peer architecture to eliminate any need for servers. Cloud revenues grew 300% in the last 12 months, and although the company didn’t disclose how…
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