Oasis Labs raises $45 million for ‘privacy first’ cloud on blockchain
Oasis Labs has raised $45 million to build a “privacy-first” cloud computing platform with blockchain technology.
Berkeley, California-based Oasis Labs is designing a platform to overcome the performance, security, and privacy limitations that have hampered blockchain adoption to date. The aim is to make blockchain, a distributed secure ledger that powers cryptocurrencies such as Ethereum, more useful to a broader set of companies.
said Oasis Labs CEO Dawn Song, in a statement. “The Oasis platform aims to give users control over their data, and at the same time deliver superior performance and privacy capabilities. Our goal is to build the scalable and secure decentralized internet that puts users first.”
The first funding round included a16z crypto, Accel, Binance DCVC (Data Collective), Electric Capital, Foundation Capital, Metastable, Pantera, Polychain, and others.
See the full story here: https://venturebeat.com/2018/07/09/oasis-labs-raises-45-million-for-privacy-first-cloud-on-blockchain/