TOP Network

company

About

the world's first decentralized open communication network powered by a high performance DAG-based blockchain platform.

Details

Last Funding Type
Series Unknown
Industries
Blockchain,Cryptocurrency,Software,Telecommunications
Founded date
Jan 1, 2017
Number Of Employee
101 - 250
Operating Status
Active

TOP Network is a decentralized open communication network that provides cloud communication services on the blockchain. TOP offers secure, low-cost services such as messaging, calling, video, VPN, CDN, IoT data sharing and more. TOP Network is also a high-performance public blockchain platform designed to handle real-world business of any size or volume. Powered by innovations including three-layer network, two-layer sharding, two-layer lattice DAG and PBFT-DPoS*, TOP can process several hundred thousand transactions per second on the blockchain.

The long-term mission of TOP Network is to build a public blockchain infrastructure for all Dapps. Our world-class team of over 100 developers is striving for this goal.

TOP Network originated from the common underlying network layer of Dingtone, CoverMe and SkyVPN, three communication apps built by the TOP team before the blockchain project. These apps, having attracted over 60 million users in total, will be ported to TOP Network upon the launch of TOP and generate huge volumes of transactions in the TOP ecosystem.

TOP Network was founded by serial entrepreneur Steve Wei and his colleagues in late 2017. Steve was one of the earliest employees of WebEx in the 1990s. After WebEx, he founded a successful video conferencing software company which was acquired by Huawei in 2010. In 2012, Steve co-founded Dingtone, a public listed company operating popular communication apps such as Dingtone, CoverMe and SkyVPN.

TOP Network has closed $15 million early investments from prestigious institutional investors and individual billionaire investors, including DHVC, Fenbushi Capital, NEO Global Capital (NGC), Ontology Global Capital (OGC), LD Capital and more.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
TOP Network has raised a total of — in funding over 2 rounds. Their latest funding was raised on Oct 1, 2018 from a Series Unknown round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Oct 1, 2018 Series Unknown 1 Detail
May 2, 2018 Series Unknown 1 Detail

Investors

Number of Lead Investors
Number of Investors
2
TOP Network is funded by 2 investors. Alumni Ventures and TSVC are the most recent investors.
Investor Name Lead Investor Funding Round
Alumni Ventures Series Unknown
TSVC Series Unknown

Employee Profiles

Number of Employee Profiles
2
TOP Network has 2 current employee profiles, including Executive Gaurav Dubey
Executive
Executive