Monday, December 23

Tag: Elron Ventures

Ouriel Ohayon’s KZen has Raised $4 million in Seed Funding
FUNDING

Ouriel Ohayon’s KZen has Raised $4 million in Seed Funding

KZen, a company run by former TC editor Ouriel Ohayon, has raised $4 million in seed funding. The funding round was led by Benson Oak Ventures, Samsung Next, Elron Ventures. The company is planning to use these funds to build a “better wallet,” obviously the elusive Holy Grail in the crypto world. Omer Shlomovits, Tal Be’ery, and Gary Benattar are deep crypto researchers and developers and helped build the wallet of Ohayon’s dreams. “We wanted something that did not feel like a pre-AOL experience, that was incredibly superior in terms of security, and simple to use,” he said. “We wanted a solution that brings peace of mind and that did not force the user into compromising between convenience and security which is, unfortunately, the current state of affairs. We quickly realized that ...