True I/O Raises $9 Million in Series A Funding Round

According to reports, Terra Name Service (TNS) announced the completion of a US $9 million round A financing, led by Deal Box Ventures. At the same time, the company has also been renamed True I/O, reflecting the organization’s commitment to fostering trust and transparency in the global digital environment.

Terra Name Service (TNS) completed a round A financing of $9 million

Terra Name Service (TNS) has officially changed its name to True I/O following the successful completion of a US $9 million Series A funding round led by Deal Box Ventures. True I/O aims to foster trust and transparency in the digital environment and plans to use the funds to develop its digital identity solutions further.

Introduction

True I/O has successfully closed a US $9 million Series A funding round, led by Deal Box Ventures. The company has also rebranded from Terra Name Service (TNS) to True I/O to reflect its commitment to fostering trust and transparency in the global digital environment. With this significant funding, the company aims to establish digital identity solutions that can help improve trust and transparency among users.

The significance of the funding round

The Series A fundraising round, which involved Deal Box Ventures and other investors, will help True I/O increase its digital identity solutions and launch new products globally. The funding raised will allow the company to scale its technology and start growing its team to develop new solutions.
True I/O seeks to leverage the funds to overcome various challenges in the digital environment believed to be associated with a lack of trust and transparency. While providing secure digital identity solutions, the company is poised to help boost trust in the digital environment.

True I/O’s plans to foster trust and transparency

True I/O aims to use cutting-edge technology to foster digital transparency and trust. It engages in the cultivation of an identity system that users can entirely control. This identity system ensures that the identity of the users is secure and entirely in their hands.
The company’s digital identity solutions are designed to cut across various sectors, including healthcare, finance, education, and governance. The company’s services will help provide ease of access and reliable data in these sectors.

Conclusion

True I/O is a digital identity solution provider that aims to provide trust and transparency in the digital environment, and its recent funding success will significantly contribute to achieving its goals. With its new funding, True I/O can continue to develop innovative solutions that help users stay ahead in the ever-evolving digital space.

FAQs

1. Who led the funding round for True I/O?
Deal Box Ventures led the Series A funding round.
2. What is True I/O’s mission?
True I/O aims to foster trust and transparency in the digital environment.
3. When did True I/O receive its Series A funding?
True I/O concluded its Series A funding round in [insert date].