By ET Bureau - February 05, 2020 1 Mins Read
Salesforce Ventures and Samsung Venture Investment Corp have invested in Blockchain firm Digital Asset. The latest Series C is additional funding that follows the $35 million round in December. Digital Asset will use the raised capital to accelerate the adoption of DAML across multiple industries, expand the number and variety of DAML-enabled partner products, and fund the development of new developer-focused products.
In 2019, Digital Asset open-sourced DAML which is used to create smart contracts and digitally verify and enforce agreements between multiple entities. The firm has already integrated DAML with Amazon AWS products and VMware Blockchain.
The platform covers e entire enterprise technology space- including emerging technologies like RPA, AI, cloud, automation, and the entire gamut of digital transformation tools, strategies and management decisions.
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