Chrono.Tech Raises Over $30 Million to Develop Blockchain HR Services

Australia-based software company and blockchain-based HR services provider Chrono.Tech has announced that it raised over $30 million in investments from Australian venture capitalist Mark Carnegie and a leading European Family Office.

Mark Carnegie, Australian multi-million investor and venture capitalist, has stated on the results of the investment round that he recognized the potential of blockchain in the Human Resources sector and gave his vote of confidence to one of the oldest Australian blockchain companies, noting the expertise and competence of the founding team. He added:

 “Sergei has a strong network in the crypto community and extensive experience in identifying crypto initiatives that provide an excellent balance of risk and return, making him a natural addition to the team”.

For Carnegie, this is not the first investment in a blockchain project. He previously backed Crypto Gaming United, a Play-to-Earn gaming platform co-founded by Chrono.Tech’s Sergei Sergienko. The project raised over $17 million last year and is said to be used by over 56,000 players all over the world.

Chrono.Tech founder Sergei Sergienko stated that the funds received during the funding round will be directed at ensuring the proper development and scaling of the company’s products. Among the lineup of services provided by Chrono.Tech are specialized crypto payroll solutions, a freelancer platform, accounting and workforce management software packages. The company’s products place great emphasis on the use of cryptocurrencies as a means of payment, allowing both companies and users to leverage the advantages of such assets.

Chrono.Tech intends to launch several new modules to expand the existing ecosystem and thus improve overall convenience and security for its users. The combination of services is intended to become a holistic system catering to all the requirements of modern businesses and their human resource departments.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.