Silence Laboratories has raised $1.7 million in seed funding led by pi Ventures. ImToken Ventures and a slew of angel investors also participated in the funding mop-up.
The Singapore-headquartered startup plans to use funds to further widen its product offerings towards decentralised security, improve its technology stack, strengthen its team and scale its go-to-market operations.
Founded by Jay Prakash and Andrei Bytes, Silence Laboratories aims to provide business-friendly ways of distributing signatures and authentication libraries, the company said in a statement.
The startup is currently working on setting up an applied cryptography corporate research and development centre in South Asia. The centre will work on solving niche problems in usable security and multi-party computation algorithms.
Silence Laboratories will soon release its product portfolio for integrations along with announcing collaborations.
Meanwhile, legal tech platform Lawyered has raised more than $1 million in its pre-series round by Finvolve’s Apoorva Vora. The startup is making access to legal support available and affordable.
Lawyered connects legal advice seekers to legal professionals via its online platform. Using the platform, users can share their requirements to receive free proposals from verified lawyers.
The startup has recently also started offering lawyer on-the-spot service, allowing users to seek on-road legal assistance. The feature aims to solve the pain points of the logistics and transport industry.
Our current focus is to solve the ‘problem of timely legal access when needed for the transportation industry via lawyer on the spot service, said Himanshu Gupta, chief executive and founder of Lawyered.
Lawyered has partnered with startups and micro, small and medium enterprises (MSMEs) and helps in solving their legal issues. Some of the partners of the company include WeWork and India Accelerator as well as educational institutions such as XLRI, IITs, and IIMs, it said in a release.
