Fastbase Acquires Strategic Stake in Etheralabs
Mar 4, 2022
Fastbase CEO Rasmus Refer said: "Etheralabs disruptive technology and products are in line with Fastbase's mission to become the world's leading data provider.
New York, United States - March 3, 2022 /PressCable/ —
Fastbase. announced today that it has acquired 24.5% of Etheralabs LLC, a New York City based venture lab and ecosystem that invests in, builds and implements disruptive technologies across the Blockchain area.
Fastbase CEO Rasmus Refer said: “Etheralabs LLC’s disruptive technology and products are in line with Fastbase’s mission to become the world’s leading data provider. Fastbase’s vision is always to be first with the most superior technologies to collect, analyze and provide data to companies to empower sales and marketing. Fastbase are already using advanced crawler technology, AI and with the acquisition of 24.5% stake in Etheralabs LLC, Fastbase can now access the latest blockchain technology to empower data distribution. As early as May, Fastbase expects to be able to make use of the new blockchain technology and distribute billions of data quickly and securely between companies all over the world.
Bryan Feinberg, CEO and Founder of Etheralabs, said: “Fastbase capabilities combined with the company’s background in transforming large data ecosystems into living communities create a definitive way to leverage the companies background to accelerate Fastbase into one of the world’s leading data analytics companies. Together with Fastbase will develop completely new data platforms that will change the way once consumes and uses data.
About Etheralabs LLC
Etheralabs is New York City based venture lab and ecosystem that invests in, builds, and deploys disruptive technologies across the Blockchain landscape. Etheralabs fast-tracks ideas into solutions that help high-growth companies with a focus on capital appreciation and scale via early-stage identification and accelerated resource deployment. The acceleration model lays the foundation for taking promising IP from both concept to company and from revenue to profitability, culminating in a fully functioning portfolio venture that is ready to attract follow-on funding, an acquisition partner, or to operate as a standalone company.
Fastbase raises expectations for the full-year result 2022 after the strategic acquisition of the New York-based blockchain company Etheralabs.
Fastbase Inc.
140 Broadway, 46th Floor
10005 New York, United States
Contact Info:
Name: Bryan Feinberg
Email: Send Email
Organization: Plato Data Intelligence
Address: 144 East 44th Street, New York, New York 10017, United States
Website: https://zephyrnet.com
Source: PressCable
Release ID: 89066601
More News
Captain confident ahead of top-flight return
Skipper Daniel Bell-Drummond is optimistic Kent can compete in County Championship Division 1 next summer.
Ainsworth demands response after Gillingham’s Accrington flop
Changes could be on the cards for Gillingham after their weekend disappointment.
Gillingham boss pays tribute to ‘fantastic’ former captain Doug Loft
Gillingham fans will get the chance to pay tribute to their former captain Doug Loft tonight.
‘Not good enough by a long shot’: Ainsworth tears into Gillingham
Manager Gareth Ainsworth admitted that even he was surprised at how badly his Gillingham team performed on Saturday.
FA Cup first round draw: Gillingham await replay winners while Dover face home tie
Gillingham and Dover Athletic have both been drawn at home in the first round of the FA Cup.
KentOnline’s team of the week
Find out who’s in KentOnline’s team of the week and vote for your star man.
Freeman sends defiant message after Gillingham’s Accrington setback
Nick Freeman is confident Gillingham won’t repeat their below-par performance at Accrington.
Top two meet in county cup clash
The Kent Senior Trophy took centre stage on Saturday with clubs competing in the first round.
Report: Defensive woes as Gills beaten at Accrington
Gillingham left Accrington empty-handed after conceding from a defensive mix-up and twice from corner kicks.
Five-in-a-row Town sink league leaders
Whitstable came from behind to beat Isthmian South East leaders South Park and secure a fifth straight league victory.
Matchday Live: Accrington v Gillingham, Dover v Dorking, Maidstone v Maidenhead
Follow today’s football action, including Gillingham away to Accrington, in our live blog.
‘We’re going for afternoon point-grabbing’ – Ainsworth’s Accrington mission
Gareth Ainsworth knows Accrington inside out and has warned the Gills they must match the hosts’ intensity if they are to make it back-to-back wins.
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.