VANCOUVER, Nov. 28, 2017 /CNW/ - Vancouver-based Vanbex Capital is proud to invest in an exciting startup to help chief technology officers and their software engineering teams connect. Vanbex Capital will guide CTO.ai in its aim to deliver engineering insights and productivity to the marketplace using blockchain technology.
"CTO.ai services a direct need and challenge of all start up companies but especially one needed in the blockchain space that is essential to a successful development process," said Kevin Hobbs, CEO at Vanbex Capital. "This investment was an easy decision and will serve in building a long term partnership."
"Kevin, Lisa and the rest of the team at Vanbex were crucial in forging, as well as funding, this partnership," says CTO.ai CEO Kyle Campbell. "We couldn't be happier to work with them but we're also excited about the opportunity to work with their other portfolio companies to help bring high performing engineering processes to blockchain."
CTO.ai will also collaborate with Etherparty, a company in the Vanbex group of companies that is focused on providing an easy-to-use smart contract creation tool.
"We're really excited by the opportunity to work with the team at Etherparty to help them build a world class developer platform on top of blockchain and the FUEL token that focuses on productivity and scalability," said Campbell.
After years of building high performing software teams, CTO.ai has productized a wealth of technical experience and is deploying it with an outstanding breed of startups.
CTO.ai provides a collection of products and services that are tailored to help startups scale intelligently. Using a mixed platform, advisory and hands on approach, CTO.ai helps startups reach their goals faster and without risk.
Vanbex Capital is a an integrated venture studio and fund that enables public equity investment in a portfolio of seed-stage blockchain ventures that we identify, define and grow.
For further information: Media Contact: Todd Hauptman, PR Manager, [email protected]