Zama SAS raised $73 million in a Series A funding led by Multicoin Capital and Protocol Labs to revolutionize data privacy with FHE technology.
Zama SAS raised $73 million in a Series A funding led by Multicoin Capital and Protocol Labs to revolutionize data privacy with FHE technology.
03/07/24, 6:12 AM
Location
parisMoney raised
$73 million
Industry
cyber security
information technology
blockchain
Round Type
series a
Investors
Gavin Wood, Anatoly Yakovenko, Juan Benet, Stake Capital, V Squared, Blockchange Ventures, Metaplane, Protocol Labs, Multicoin Capital
Zama SAS, a startup specializing in open-source cryptography, has raised $73 million in a Series A funding round. The round was led by Multicoin Capital and Protocol Labs, with participation from Metaplane, Blockchange Ventures, VSquared, Stake Capital, Juan Benet, Anatoly Yakovenko, and Gavin Wood. The funding will support the development and expansion of Zama's innovative fully homomorphic encryption (FHE) technology.
Company Info
Location
paris, ile de france, france
Additional Info
Zama SAS is a pioneering open-source cryptography startup focused on developing fully homomorphic encryption (FHE) technology.We believe people should not care about privacy. Not because it doesn't matter, but because it shouldn't be an issue!
From data breaches and surveillance of cloud applications, to blockchain smart contracts where everything is public, doing things privately online is becoming increasingly complicated. The only way to solve this is to make everything encrypted end-to-end, regardless of where the application is running. And the only way this can happen is if homomorphic encryption becomes mainstream.
We are a remote-friendly company with headquarters in the centre of Paris.