Digital Asset develops ledger technology intended to build distributed, encrypted straight-through processing tools.
Digital Asset develops distributed ledger technology intended to build distributed, encrypted straight-through processing tools.The company builds platform, developer tools, and leverages modern infrastructure providers to change how businesses interact. Its service offering is Daml, an application platform unconstrained by organizational boundaries where companies can create new multi-party solutions that transform disparate silos into synchronized networks, eradicating latency and errors by guaranteeing consistent data. The company works with organizations in financial services, healthcare, and insurance, including 5 of the top 10 stock exchanges.In 2014, the New York, New York-based company was established by Don Wilson, Eric Saraniecki, Sunil Hirani, and Yuval Rooz. Digital Asset is backed by strategic investors, including 7RIDGE, Eldridge, Salesforce, Samsung, VMware, Accenture, Citi, Goldman Sachs, IBM, and J.P. Morgan.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
May 27, 2022 | Series Unknown | — | 1 | SBI Group | — | Detail |
Apr 21, 2021 | Series D | $120M | 2 | 7RIDGE Eldridge | — | Detail |
Feb 4, 2020 | Series C | $45M | 3 | — | — | Detail |
Dec 11, 2019 | Series C | $35M | 9 | — | — | Detail |
Oct 16, 2017 | Series B | $40M | 2 | Jefferson River Capital | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
SBI Group | Yes | Series Unknown |
7RIDGE | Yes | Series D |
Eldridge | Yes | Series D |
Jefferson River Capital | Yes | Series B |
GS Growth | Yes | Series Unknown |
Salesforce Ventures | — | Series C |
Samsung Venture Investment | — | Series C |
VMware | — | Series C |
Accenture | — | Series C |
ASX Limited | — | Series C |
Digital Asset has acquired 4 organizations. Their most recent acquisition was Hyper on Jun 25, 2015. They acquired Hyper for 0.
Date
Company Name
|
Industry | Acquisition Type | Price | |
---|---|---|---|---|
Jun 25, 2015
Hyper
|
Bitcoin | acquisition | — | Detail |
Jun 25, 2015
Bits Of Proof
|
Bitcoin | acquisition | — | Detail |
Oct 29, 2015
Blockstack.io
|
Enterprise Software | — | — | Detail |
Apr 20, 2016
Elevence Digital Finance
|
Business Development | acquisition | — | Detail |