Synternet raised $5 M in a Seed Round round on 2021-11-30.

According to media reports, Synternet raised $5 M in a Seed Round round on 2021-11-30.the investors in this funding round include Maven 11,Alpha Sigma Capital,Meltem Demirors,Reeve Collins,Obie McKenzie,Roman Pacewicz,Kenneth Hertz,Mark Gillespie and others. Following this round, Synternet's total funding reached $9 M.

Synternet is establishing an open alternative data security and routing system, operating right on top of the existing Internet protocols. Its aim is to transform the public internet into a secure and user-centric internet through a unifying layer where encryption and optimized performance are built-in and automatically enabled for anything and everything connected to it. Synternet is designed to address the issues present in the current Internet framework, such as security, privacy, governance, performance, reliability, and inefficient resource utilization.