Privacy-First Cloud Computing on Blockchain Oasis Labs Raises $45M

Oasis Labs, a Berkeley, CA-based privacy-first, high-performance cloud computing platform on blockchain, raised $45m in funding.

Backers included a16zcrypto, Accel, Binance, DCVC (Data Collective), Electric Capital, Foundation Capital, Gaorong, Metastable, Pantera, Polychain, Fred Ehrsam, co-founder of Coinbase, etc.

The company will use the funds to continue to develop its platform.

Led by Dr. Dawn Song, CEO, Raymond Cheng, co-founder and CTO, Oasis Labs is designing a platform to overcome performance, security and privacy limitations that have hampered blockchain adoption to date by bringing privacy and security protections previously not possible on a blockchain and delivering processing capabilities that have greater performance than existing systems, even for complex applications.

The company is now accepting developers to apply for access to their private testnet.



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