Razor Network Raises $3.7 Million in Private Funding to Build “Truly Decentralized” Oracle Solution

Decentralized Oracle platform Razor Network has successfully raised a total of $3.7 million in their seed and private sales round. Razor is creating an end-to-end decentralized network of oracles, which would guarantee that smart contracts have access to external data in a fast and secure manner.

Prior to the funding round, Razor had also teamed up with some of the leading players in the blockchain industry – Layer 2 scalability solution provider Matic Network, elastic DApp development platform SKALE Network. Developers can use Razor’s oracle solution to access secure, reliable, real-time data from the external world for creating state-of-the-art DApps.

Timeline of Matic-network