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.
Bringing scalability, security, and privacy to a blockchain near you
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.
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.
Number of Investors
Paradigm Sequoia Capital
StarkWare Industries has made no acquisitions yet.
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