StarkWare Raises $30 Million to Solve Blockchain Privacy and Scalability Issues11.37

StarkWare, an Israel-based blockchain specialist which commercializes a zero-knowledge proof system, has secured $30 million from high profile names within the cryptocurrency ecosystem, including Consensys, Coinbase Ventures, Intel Capital, Pantera, and Sequoia.

Netanya-based StarkWare Industries, which was founded in early 2018 to develop its “full proof stack for the STARK zero-knowledge protocol,” secured its first $6 million from 11 investors, including Pantera, Floodgate, and Naval Ravikant in a seed round on January 31.

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