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Protocol Labs
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Develops blockchain solutions and cryptographic technology
Protocol Labs
Work Here?
Develops blockchain solutions and cryptographic technology
About Protocol Labs
Industries
Venture Capital
Crypto & Web3
Company Size
51-200
Company Stage
ICO
Total Funding
$3M
Headquarters
San Francisco, California
Founded
2014
Overview
Protocol Labs enhances the internet and computing by focusing on cryptographic technology, particularly zero-knowledge proofs, which verify sensitive information without revealing it. The company serves startups and tech organizations by providing secure blockchain solutions in the Web3 market. It operates as an innovation network, connecting startups with funding and expertise, and generates revenue by offering tools and resources, often taking equity stakes. The goal is to create a more secure, private, and efficient internet through the development of blockchain technologies.
Simplify's Take
What believers are saying
- Rising demand for privacy-preserving technologies boosts Protocol Labs' zk proofs offerings.
- Web3 expansion increases investment opportunities for Protocol Labs' supported startups.
- Decentralized finance growth creates demand for secure blockchain solutions by Protocol Labs.
What critics are saying
- Increased competition in randomness technology sector challenges Protocol Labs' market position.
- Potential market saturation in decentralized data storage threatens Protocol Labs' growth.
- Emergence of new blockchain protocols may offer more efficient solutions than Protocol Labs.
What makes Protocol Labs unique
- Protocol Labs specializes in zero-knowledge proofs for data confidentiality.
- The company focuses on blockchain-based data storage and compute-over-data networks.
- Protocol Labs operates an innovation network connecting startups with capital and expertise.
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Funding
Total Funding
$3M
Meets
Industry Average
Funded Over
3 Rounds
Y CombinatorBenefits
Parental leave
Contributions to your retirement
Competitive pay and unlimited time off
For U.S.-based employees: platinum-level health, dental, and vision coverage for you and your family.
Growth & Insights and Company News
6 month growth
↓ -4%1 year growth
↓ -6%2 year growth
↑ 24%Randamu, a randomness technology company based in Bangkok, Thailand, raised $3.3 million in Pre-Seed funding. The round was led by Protocol Labs Venture Studio. The funds will be used to expand the team, accelerate product development, and enhance client engagements.
Akave raised $3.5 million in a pre-seed round led by Protocol Labs, Blockchange VC, Lightshift, and Blockchain Builders Fund to advance on-chain data management. They launched the Yucca Testnet for early testers to explore decentralized data storage and programmability. Akave aims to create decentralized data lakes, offering secure and efficient data exchange, empowering users with full control and new monetization models. CEO Stefaan Vervaet highlighted the support from investors in transforming data ownership.
FIL-B was spun out of former Developer Experience teams from Protocol Labs, the R&D lab that launched Filecoin.
~ New campaign to disrupt scientific publishing ~ Stafford-based PR specialist Stone Junction to work on a company rebranding project and provide PR and marketing expertise as it launches a new platform to serve as a
We are passionate Web 3.0 participants, with Holon now positioned as a major player in the Filecoin decentralised data storage arena for Asia Pacific.
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About Protocol Labs
Industries
Venture Capital
Crypto & Web3
Company Size
51-200
Company Stage
ICO
Total Funding
$3M
Headquarters
San Francisco, California
Founded
2014
There are no jobs for Protocol Labs right now.
Find jobs on Simplify and start your career today