Introduction
StarkWare Industries was founded in 2018 by Alessandro Chiesa Eli Ben-Sasson Michael Riabzev and Uri Kolodny. It has its headquarter in Netanya, Israel.
StarkWare solves the inherent problems of blockchains – scalability and privacy. They develop a full proof stack, using STARK technology to generate and verify proofs of computational integrity. StarkWare’s cryptographic proofs are zero-knowledge, succinct, transparent and post-quantum secure.
StarkWare Industries uses Stark technology to develop a full proof stack in generating and verifying proofs of computational integrity. StarkWare develops STARK-based solutions for the blockchain industry. Their products enable a secure, trustless, and scalable operating for blockchain applications. StarkWare develops StarkEx, a standalone permissioned Validity-Rollup, and StarkNet, a permissionless decentralized ZK-Rollup.
Mission
Bringing scalability, security, and privacy to a blockchain near you
Why StarkWare?
The first generation of STARK solutions radically scaled blockchain and reduced gas costs by batching thousands of transactions from a single application, and processing them via just one proof. Now, STARK solutions also pack together batches from several disparate applications into a single proof. This is the blockchain equivalent of sharing a cab with others, for efficiency.
Funding
StarkWare has raised a total of $173M in funding over 5 rounds and is funded by 29 investors.
Below, are the details of the different rounds of funding received by StarkWare Industries.
Funding Round | Money Raised | Number of Investors | Lead Investors |
Series C | $50M | 3 | Sequoia Capital |
Series B | $75M | 8 | Paradigm |
Series A | $30M | 17 | Paradigm
Sequoia Capital |
Grant | $12M | 1 | Ethereum Foundation |
Seed Round | $6M | 11 | - |
Acquisitions
StarkWare Industries has made no acquisitions yet.
News & Media
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