Blockfenders

01 / WHAT IT BUILT

What the company did

Blockfenders was a Palo Alto-based enterprise software startup founded in 2022 by Viraj Phanse and Niranjan Ingale. It built a no-code, blockchain-backed data exchange and orchestration platform (platform as a service) that let companies share and move data across cloud and on-premise systems in a secure, compliant way, using techniques such as data masking, zero-trust architecture, and distributed-ledger technology. The company raised $1.5 million in pre-seed funding in February 2023, later operated under the name Dataflos, and in September 2024 its team joined Lirik, a California technology services firm.

03 / EVENT HISTORY

Events in the structured record

1. 2022
   Founded

   Viraj Phanse and Niranjan Ingale founded Blockfenders in Palo Alto, California, to build a blockchain-powered, no-code platform for secure data sharing between organizations.

2. 2023
   Pre-seed funding round

   Blockfenders raised $1.5 million in pre-seed funding from more than a dozen venture firms and angel investors, including Blume Ventures, Better Capital and Arka Venture Labs, to grow the team and expand the platform.

3. 2024
   Renamed to Dataflos; banking partnership

   The company began operating as Dataflos and announced a partnership with LIST Software to bring its data-logistics platform to cooperative banks, targeting 100 cooperative banks during 2024.

4. 2024
   Team joined Lirik

   The Dataflos (formerly Blockfenders) team joined Lirik, Inc., a California-based technology services company with over 300 professionals, an outcome the team described as an exit.