Digital currency tech firm PeerNova has reportedly received a pre-Series A investment by cyber-security expert Ashar Aziz, according to a Tuesday morning announcement.
Aziz founded FireEye, a malware protection system, in 2004 and served as the company’s CEO until 2012. Today, he’s serving on FireEye’s vice chairman of the board and chief strategy officer.
“As cyber threats proliferate and get more sophisticated, I believe that crypto-ledgers like Bitcoin’s block chain will play an increasing role in recording the exchange of valuable assets,” he said in a statement relating to his investment.
“I personally invested in PeerNova because they have a strong product vision and a management team with a proven track record. Secure, cryptographic platforms like PeerNova’s can transform the way in which we transact with each other globally.”
PeerNova is well known for their enterprise-scale mining solutions, but with this investment, will help the business continue expansion into other areas.
“There is no denying that the true innovation is the block chain, a highly secure transaction ledger that underlies bitcoin,” said PeerNova CEO Dr. Naveed Sherwani. “At PeerNova, we are focused on building a peer to peer platform that leverages block chain’s unique properties for enterprise and consumer applications. We are very excited to count Mr. Aziz as one of our investors as it validates this vision and the work we are doing.”
Interestingly enough, PeerNova did not mention the amount of the investment in their announcement today. NEWSBTC attempted to reach out to the California-based company in attempts to get more information, but did not receive a response before time of publishing.
In 2014, CloudHashing and HighBitCoin, LLC merged to form PeerNova.