About OMG Network
OMG Network is a Technology company based in Bangkok (Thailand) founded in 2017, and was acquired by GBV Capital in December 2020. Ethereum scaling is enabled by OMG Networks decentralized protocols. The company was acqui-hired. Its focus areas include High Tech, Blockchain Infrastructure, Middleware and Rollups. Its legal entity is OMG BIZ COMPANY LIMITED.
Company details
OMG Network was founded in 2017 and is based in Bangkok, Thailand. A decentralized protocol layer is operated for accessing, managing, and transacting digital assets on the Ethereum network. Tools are provided for developing enterprise solutions within the blockchain sector. Transfers of ETH and ERC-20 tokens are facilitated through encrypted networks. Algorithms are supplied to support application development on the Ethereum Blockchain.
- Headquarters Bangkok, Thailand
- Stage Acquired
- SectorsTechnology
- Website omg.network
- Acquired by GBV Capital (Dec 2020)
- Legal Name Omg Biz Company Limited
- Latest Funding Round$25M (USD), Token Sale
Jun 2017
- Investors
- Acquired byGBV Capital
(Dec 2020)
Funding Insights of OMG Network
- Total Rounds 1
- Last Round Token Sale — $25M
- First Round $25M
(Jun 2017)
All 1 funding rounds of OMG Network with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2017 | $25M | Token Sale | – | – | – |
1 investors in total: 1 institutional.
Investors in OMG Network
OMG Network has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include GBV Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Blockchain focused investment firm | gbv.capital | George Town, Cayman Islands |
Investor details for OMG Network
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Timeline of OMG Network
3 dated milestones of OMG Network across 3 years, from founding to its latest funding, stage changes and deals.
- Founded OMG Network is founded.
- Funding First funding round of $25.0M.
- Exit Acquired by GBV Capital.
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Frequently Asked Questions about OMG Network
OMG Network was founded in 2017.
OMG Network is headquartered in Bangkok, Thailand.
OMG Network was founded in 2017 and is based in Bangkok, Thailand. A decentralized protocol layer is operated for accessing, managing, and transacting digital assets on the Ethereum network. Tools are provided for developing enterprise solutions within the blockchain sector. Transfers of ETH and ERC-20 tokens are facilitated through encrypted networks. Algorithms are supplied to support application development on the Ethereum Blockchain.
OMG Network has 1 investor. Key investors include GBV Capital.
OMG Network operates through Omg Biz Company Limited.
Yes. OMG Network was acquired by GBV Capital in December 2020.