NuCypher

Threshold Network: The Standard for Bitcoin Finance

San Francisco Bay Area, United States · Founded 2015 · $15.0M raised

Employees
11–50
Founded
2015
Business Model
B2B
Total Funding
$15.0M
Last Round
$10.7M Venture RoundOct 2019
Rounds
2

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

About

NuCypher provides cryptographic infrastructure for privacy-preserving applications, specializing in proxy re-encryption and threshold access control. Its open-source Threshold Access Control (TACo) system enables developers to build decentralized applications where sensitive data can only be decrypted by authorized parties. Originally focused on enterprise cloud security, NuCypher pivoted to Web3 and merged with the Keep Network to form the Threshold Network.

Summary

NuCypher is a Cloud company based in San Francisco Bay Area, United States, founded in 2015. It has raised $15.0M in total across 2 rounds, most recently a $10.7M Venture Round in Oct 2019. Investors include Polychain Capital, Bitmain and Arrington Capital.

Tech & App Stack

6 technologies & apps tracked

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Funding History

Venture RoundVenture RoundOct 2019
$10.7M

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Funding: Seed through Venture Round. Amounts, valuations, and investors where available.

Investors

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