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

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

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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.

FinSMEs

10/07/2018

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