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		<title>Spruce Raises $34M to Unbundle the Login for a User-Controlled Web</title>
		<link>https://smartliquidity.info/2022/04/21/spruce-raises-34m-to-unbundle-the-login-for-a-user-controlled-web/</link>
		
		<dc:creator><![CDATA[Mische Martinete]]></dc:creator>
		<pubDate>Thu, 21 Apr 2022 12:46:38 +0000</pubDate>
				<category><![CDATA[Smart Crypto News]]></category>
		<category><![CDATA[#Spruce #SCN1]]></category>
		<guid isPermaLink="false">https://smartliquidity.info/?p=63640</guid>

					<description><![CDATA[<p>Spruce is excited to announce that we have raised $34 million in a Series A round led by Andreessen Horowitz.  Spruce enables users to control their data across the web as the world becomes increasingly dependent on cryptography, networks, and digital economies. Its product suite powers the necessary authentication, credentialing, and storage needed for portable reputation for [&#8230;]</p>
<p>The post <a href="https://smartliquidity.info/2022/04/21/spruce-raises-34m-to-unbundle-the-login-for-a-user-controlled-web/">Spruce Raises $34M to Unbundle the Login for a User-Controlled Web</a> appeared first on <a href="https://smartliquidity.info">Smart Liquidity Research</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p style="text-align: center;"><strong>Spruce</strong> <strong>is excited to announce that we have raised $34 million in a Series A round led by <span style="color: #ffff00;"><a style="color: #ffff00;" href="https://a16z.com/crypto/">Andreessen Horowitz</a></span>.</strong></p>
<p> <span style="color: #ffff00;"><a style="color: #ffff00;" href="https://spruceid.com/"><strong>Spruce</strong></a></span> enables users to control their data across the web as the world becomes increasingly dependent on cryptography, networks, and digital economies. Its product suite powers the necessary authentication, credentialing, and storage needed for portable reputation for users, providing decentralized access control to data, and interoperability between Web2 APIs and Web3.</p>
<p>ith the new funding, Spruce will spearhead research in cutting-edge privacy and usability technology for identity, grow its product teams, and continue to execute on partnerships across the ecosystem.</p>
<h3>Spruce Supporters</h3>
<p>Spruce is thrilled to welcome<span style="color: #ffff00;"><strong> <a style="color: #ffff00;" href="https://www.okta.com/okta-ventures/">Okta Ventures</a></strong></span>, <strong><span style="color: #ffff00;"><a style="color: #ffff00;" href="https://www.scb10x.com/">SCB 10X</a>, </span></strong><span style="color: #ffff00;"><a style="color: #ffff00;" href="https://robvc.com/"><strong>Robot Venture</strong>s</a></span>, and <span style="color: #ffff00;"><strong><a style="color: #ffff00;" href="https://www.orangedao.xyz/">OrangeDAO</a></strong></span>, and for continued participation from<span style="color: #ffff00;"><strong> </strong><a style="color: #ffff00;" href="http://www.etherealventures.com/"><strong>Ethereal Venture</strong>s</a></span>,<span style="color: #ffff00;"><strong> <a style="color: #ffff00;" href="https://www.electriccapital.com/">Electric Capital</a></strong></span>, <strong><span style="color: #ffff00;"><a style="color: #ffff00;" href="https://www.ycombinator.com/">Y Combinator</a></span></strong>, <span style="color: #ffff00;"><strong><a style="color: #ffff00;" href="https://acapital.com/">A.Capital Ventures</a></strong></span>,<span style="color: #ffff00;"><strong> <a style="color: #ffff00;" href="http://3kvc.com/">Third Kind Venture Capital</a></strong></span>, <span style="color: #ffff00;"><a style="color: #ffff00;" href="https://protocol.ai/"><strong>Protocol Lab</strong>s</a></span>,<span style="color: #ffff00;"> <a style="color: #ffff00;" href="https://www.svangel.com/"><strong>SV Ange</strong>l</a></span>, and <span style="color: #ffff00;"><strong><a style="color: #ffff00;" href="https://www.gemini.com/frontier-fund">Gemini Frontier Fund</a></strong></span>.</p>
<p>Additionally, they are also joined by<strong> <a href="https://twitter.com/apruden08">Alex Pruden</a>, <a href="https://twitter.com/sassal0x">Anthony Sassano</a>, <a href="https://www.linkedin.com/in/bjackmd/">Benjamin Jack</a>, <a href="https://twitter.com/valardragon?lang=en">Dev Ojha</a>, <a href="https://twitter.com/0xdownbad">Ejaaz Ahamadeen</a>, <a href="https://twitter.com/whyrusleeping">Jeromy Johnson</a>, <a href="https://twitter.com/juanbenet">Juan Benet</a>, <a href="https://twitter.com/woloski">Matias Woloski</a>, <a href="https://twitter.com/mattgcondon?lang=en">Matt Condon</a>, <a href="https://twitter.com/mhluongo">Matt Luongo</a>, <a href="https://twitter.com/ryanli_me">Ryan Li</a>, <a href="https://twitter.com/scottbelsky">Scott Belsky</a>, <a href="https://twitter.com/sunnya97">Sunny Aggarwal</a>, <a href="https://www.linkedin.com/in/hiteck/">Teck Chia</a>, <a href="https://twitter.com/ViktorBunin">Viktor Bunin</a>, <a href="https://twitter.com/williamallen">William Allen</a>, <a href="https://twitter.com/wjvill">Will Villanueva</a>, and many more.</strong></p>
<p><strong>ABOUT Spruce</strong><br />
<strong>Spruce</strong> is leading efforts on Sign-in with Ethereum, enabling users to control their identity with their Ethereum account and ENS Profile instead of relying on a traditional intermediary.</p>
<p><strong><span style="color: #ffff00;"><a style="color: #ffff00;" href="https://spruceid.com/">Website</a></span> | <span style="color: #ffff00;"><a style="color: #ffff00;" href="https://twitter.com/spruceid">Twitter</a></span></strong></p>
<p><strong>RESOURCES</strong><br />
<span style="color: #ffff00;"><a style="color: #ffff00;" href="https://blog.spruceid.com/spruce-raises-34m-to-unbundle-the-login-for-a-user-controlled-web/"><strong>Spruce</strong></a></span></p>
<p>The post <a href="https://smartliquidity.info/2022/04/21/spruce-raises-34m-to-unbundle-the-login-for-a-user-controlled-web/">Spruce Raises $34M to Unbundle the Login for a User-Controlled Web</a> appeared first on <a href="https://smartliquidity.info">Smart Liquidity Research</a>.</p>
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