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Blockchain startup Digital Asset Secures Funding from Salesforce and Samsung

By ET Bureau - February 05, 2020 1 Mins Read

Digital Asset, funding, Samsung, Salesforce, Series C, DAML, Amazon AWS, VMware Blockchain

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.

Data Privacy Secrets that Facebook and Google Don’t Want to Disclose

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.



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