Aragon, the decentralized management platform for companies, has raised $25,000,000 in less than 15 minutes in its token sale, from over 2400 buyers across the world.

The Aragon token sale has become the 4th highest funded crowdsale in any category trailing only the DAO in crowdsales of fintech. The token sale was originally set to run until 14th June, 2017, but was closed out in under 15 minutes.

“We are extremely delighted with the success of our token sale and are humbled that the community has placed this trust in Aragon. We now have the resources to hire the best talent and execute one of the most ambitious projects, one which has the potential to create a more equal and fair society,” Luis Cuende, Co-Founder and Project Lead at Aragon, stated.

Aragon is built on Ethereum and is the first management tool that is developed specifically to disintermediate the creation and maintenance of companies across the world. Aragon aims to offer new, more efficient model for companies in order to operate only the Internet to function. This represents basic features such as cap table management, governance, fundraising, payroll, and accounting that will support the company management with an easy to use interface.

The Aragon token sale accepted over 45 currencies through a partnership with leading digital asset exchange ShapeShift, and the amount was invested into the Aragon platform in Ether due to the speed of the sale. For the security during the token sale, Aragon placed a hidden cap, cryptographically sealed and only revealed during the sale.

“For our token sale, we placed a huge focus on security, not wanting to put the Ethereum Network at any risk. Therefore, we set a hard coded cap into the sale contract,” Luis Cuende, added.

With the amounts raised, Aragon plant to develop Aragon Core and the Aragon Network (AN), thus implementing security audits and hiring additional developers and operational staff, over the course of 2017. Also, Aragon Dev will be created employing a team to work on the Aragon platform, and acting as a service provider for the Aragon Network.

The Aragon platform is available for Linux, MacOS, Windows and web browsers.