Zurich – Certifaction AG has raised 1.1 million Swiss francs in a financing round. The start-up offers a blockchain solution that prevents electronic signature forgery.

Certifaction has completed a successful financing round in which it raised 1.1 million Swiss francs. According to a press release, the round was led by seed fund Wingman Ventures with the participation of London-based Seedcamp and Berlin-based Angel Invest Ventures.

Certifaction has developed a solution for verifying electronic signatures on the blockchain. Unlike other e-signing solutions, users do not have to upload any sensitive or confidential information to the cloud. Anyone holding a Certifaction-secured document can verify the document’s authenticity instantly.

The Zurich-based company will use the new capital to expand its marketing and sales activities.

“We are delighted to welcome Wingman Ventures, Seedcamp and Angel Invest Ventures on board as we look to accelerate our growth,” said Benoit Henry, co-founder and CEO of Certifaction.

“The capital, knowledge and network our investors bring to Certifaction enable us to do that. In the COVID-19 context, a growing portion of workflows are sure to become digital and we are quite well positioned to support companies with such endeavors.”

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