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News Explorer — EtherMail Raises $4M and Adds Tim Draper to Advisory Board

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Mar 8, 2:02 pm

The Block

EtherMail Raises $4M and Adds Tim Draper to Advisory Board

EtherMail, a Web3 email solution, has raised $4 million in a round led by venture investor Tim Draper and his firm Draper Associates. Draper is joining the startup's advisory board alongside the investment. MS&AD Ventures, backed by insurance conglomerate MS&AD Insurance Group, also participated in the raise. The funding will be used to drive hiring and market expansion, as well as expedite the rollout of its single sign-on solution and advertising marketplace solution.

EtherMail, a Web3 email solution, has raised $4 million in a round led by venture investor Tim Draper and his firm Draper Associates. Draper is joining the startup's advisory board alongside the investment. MS&AD Ventures, backed by insurance conglomerate MS&AD Insurance Group, also participated in the raise. The funding will be used to drive hiring and market expansion, as well as expedite the rollout of its single sign-on solution and advertising marketplace solution.

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