RISC Zero raises $40m in Series A to bring its leading Zero-Knowledge technology to Web3 & Enterprise
Summary
"Imagine a world where data privacy, security, and trust are no longer concerns, where software supply chains are transparent and verifiable, and where a new generation of applications can harness the power of zero-knowledge computing to solve some of the most pressing challenges of the digital age. This is the promise of zero-knowledge computing and the reason we are investing in RISC Zero" - Bart Stephens, Founder and Managing Partner at Blockchain CapitalRISC Zeros ZK Virtual Machine (zkVM) enables developers to build ZK-powered applications with the convenience of conventional programming languages such as Rust and C++. "Were honored to be supported by all of our incredible capital partners and the visionary leaders and teams that have signed on to help us build this revolution in computing capability. - Brian Retford, CEO & Co-founderThis funding round will enable RISC Zero to bring its computing platform to market, supporting rapid application development and deployment in both cloud and decentralized environments. With Bonsai, developers can focus on writing their application instead of worrying about the complexities of proof orchestration and server infrastructure.Bonsai will bring massively parallel ZK-proving functionality to any developer, in any language, on any chain.RISC Zero is building a diverse, talented, and global team dedicated to exploring the frontiers of computing join us at
Funding
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