Blockchain startup BurstIQ takes in $5 million investment funding

Blockchain healthcare data company BurstIQ has received a $5 million investment from Millennium Blockchain. This is the first part of BurstIQ’s $20 million private placement offering, with the funding expected to be completed by March 31. Millennium Blockchain CEO Brandon Romanek stated that BurstIQ is the company’s first portfolio acquisition. The partnership positions BurstIQ as one of the few revenue-generating and profitable emerging growth companies in the blockchain industry.