CyberConnect plans to generate revenues through the social data network, which include different participants like data contributors, indexers and recommenders, curators, and users.
This capital raise pushes the Palo Alto-based fund toward the company of larger firms like Andreessen Horowitz, which closed a $2.2 billion crypto fund this past June, and crypto VC Paradigm, which debuted a $2.5 billion fund in November.