Funding Round attributes
ZKPass has successfully secured $12.5 million in Series A funding to advance its zkTLS oracle protocol, which leverages zero-knowledge technology for enhanced security and privacy in web3 and blockchain environments. This funding round saw participation from various venture capital firms, including HashKey Capital, Redline, and others, highlighting the growing interest in innovative blockchain solutions.
Founded to address the challenges in the blockchain ecosystem, ZKPass aims to provide a secure way to facilitate transactions and interactions without compromising user privacy. The zkTLS oracle protocol is designed to enhance the confidentiality and integrity of data shared between decentralized applications, ensuring that sensitive information remains protected while allowing for seamless interoperability.
