$8.5M to accelerate Matrix, polish Riot and expand Modular!

The need for decentralised encrypted communication is becoming critical, as the pressure mounts on the big centralised communication silos to insert backdoors into their encryption, and we see ever more erratic behaviour emerging. Meanwhile more and more players are realising that fragmenting communication is counterproductive and are trying to back-pedal (e.g. Slack’s efforts to link their workspaces into some kind of network; Facebook’s attempts to bridge WhatsApp/Instagram/Messenger). We are closer than ever to the realisation that today’s communication services would be stronger if there was a common global fabric to connect them - much…