Tezos was founded by a husband and wife team – Arthur Breitman and Kathleen Breitman. While the project was Arthur Breitman’s idea, the two have now joined forces and are working from a San Francisco office.
Arthur Breitman (CTO) has valuable experience working for some of the largest financial establishments, such as Morgan Stanley and Goldman Sachs. A computer scientist and mathematician by training, he has closely followed the historic rise of Bitcoin, observing the network’s “inability to evolve” that led to several hard forks. Tezos is his solution to Bitcoin’s inflexibility.
Kathleen Breitman (CEO) also has solid experience in the financial industry. She has previously worked for well-known companies, including Bridgewater Associates and R3, where she gained deep insights into the distributed database technology.
Tezos project has also received some significant funding. Tim Draper, a well-known venture capitalist, contributed $1.5 million to help the network pay for the operating fees and now holds a 10% stake in Dynamic Ledger Solutions (DLS), a company founded by Arthur Breitman that owns the rights to Tezos’ code. On top of that, Polychain Capital has also assigned some of its $10 million cryptocurrency fund to the project. Tezos ICO has raised $252 million worth of bitcoins and ether.