SCRT Labs

Privacy-focused Technologies for Secure Blockchain Implementation

Cyber Security
Private

Company Overview

Snapshot

Founded in June 2016 by Guy Zyskind and Can Kisagun, SCRT Labs operates with 11–50 employees. The company has raised a total of $1.35M across 2 funding rounds from 5 investors. In June 2018, the company's Enigma Protocol integrated smart contract technology with Intel Systems.

Business overview

SCRT Labs is the core development team behind Secret Network, focused on accelerating the adoption of privacy-first decentralized technologies. The company utilizes state-of-the-art privacy-enhancing technologies, including trusted execution environments (TEEs) and cryptographic protocols, to build a private computing ecosystem. Leveraging research initiated at MIT in 2015, SCRT Labs specializes in confidential computing solutions, serving markets that require robust data protection, blockchain, and encryption within the Cyber Security sector.

Strategic signal

In November 2021, SCRT Labs, operating with a small team, gained significant attention when its associated cryptocurrency achieved a valuation comparable to a unicorn, highlighting the substantial market interest and potential in privacy-focused blockchain technologies. This event signals strong investor confidence and market validation for SCRT Labs' underlying technology and its role in the decentralized finance space.

Company Intelligence Q&A

What is SCRT Labs' primary focus?
SCRT Labs is the founding core development team behind Secret Network, dedicated to creating products and systems that accelerate the adoption of privacy-first decentralized technologies.
When was SCRT Labs founded and by whom?
SCRT Labs was founded in June 2016 by Guy Zyskind and Can Kisagun.
Which notable technology company did Enigma Protocol integrate with?
In June 2018, Enigma Protocol integrated smart contract technology with Intel Systems.
What significant market valuation did SCRT Labs' associated cryptocurrency achieve?
In November 2021, SCRT Labs' associated cryptocurrency reached a valuation comparable to a unicorn, despite the company having only 10 employees at the time.
Which investors participated in the September 2016 funding round?
In September 2016, SCRT Labs received funding from Flybridge Capital Partners and FLOODGATE.

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