Tim Berners-Lee created the standards for the world wide web three decades ago, setting the pathway for countless of companies to flourish at unimaginable scale. His new venture, called Inrupt, wants to fix some of the mess many of those companies have made — and it’s in the market to raise money.
Inrupt is in talks with a handful of investors to raise between $30 million to $50 million at a pre-money valuation of $140 million, according to two people familiar with the matter and an investor pitch deck obtained by me. The round — Series A — hasn’t closed, so the terms may change, the people said, requesting anonymity as the matter is private.
An Inrupt spokesperson declined to comment.
The startup, which counts Akamai Technologies and Glas …
