CasperLabs, an open-source blockchain platform powered by the Correct-by-Construction (CBC) Casper proof-of-stake consensus protocol, has raised $14.5 million in a Series A funding round.

The investment was led by Terren Piezer, through his personal holding company, Acuitas Group Holdings. Other investors include Arrington XRP Capital, Consensus Capital, Axiom Holdings Group, Digital Strategies, MW Partners, Blockchange Ventures, Hashkey Capital, and Distributed Global.

[Image courtesy: CasperLabs]