Opacity Labs Inc.

💵 Funding News: 🗓️ News Month: October, 2024 Opacity Labs Inc. Secures $12M to Revolutionize Data Privacy! 🔒 NYC-based Opacity Labs has raised $12M in seed funding to transform data verification with zero-knowledge proofs, empowering users to take back control of their data. 🚀 Backed By: ✨ Co-leads Archetype and Breyer Capital ✨ Participants: a16z crypto Startup Accelerator, Finality Capital Partners, Bodhi Ventures, Escape Velocity (EV3) What’s Next for Opacity Labs: 🔸Expanding Operations 🌍 🔸Advancing Development Efforts 🛠️ Why Opacity Matters: 💡 Verified Data Network (VDN) 🔹Shifts control from platforms to users. 🔹Enables data verification, monetization, and privacy. 🔹No compromises on security. 💡 Industries Transformed 🔸Finance: Trust without intermediaries. 🔸Healthcare: Privacy-first patient data. 🔸Advertising: Transparency and innovation. Ready to redefine data ownership? Explore their platform 👉 opacity.network 📢 Stay tuned to Future Techly for the latest updates on this groundbreaking initiative and the latest in tech and business! 💥 Source: FinSMEs ♻️ Repost if you think this insight is worth sharing!

The hype is real. Opacity has raised $12M led by Archetype and Breyer Capital, with support from a16z crypto CSX, Finality Capital Partners, Bodhi Ventures North Island Ventures,Escape Velocity (EV3), Ambush Capital and GD1 (Global From Day One). The internet today is a black hole for time, money, and attention, feeding ads and brainrot back at users while rent-seeking platforms hoard data. The real problem is verifiability. Without private verification, ownership is an illusion. We’re here to change that. Opacity’s Verified Data Network (VDN) shifts control from platforms to users, letting them verify, control, and monetize their data without sacrificing privacy. And starting today, the developer platform is live at https://opacity.network. Our tech stack is purpose-built to scale with security: - zkTLS: Verifies data without exposing it - MPC architecture: Delivers speed and integrity - Eigen Labs: Protects against malicious actors with economic security We’re not here to rebuild the internet from scratch. We’re extending what already works—embedding developers into existing networks and making users the point of control. Bridging offchain data with onchain value unlocks entirely new business models. This isn’t just about tech—it’s about real economic value and making crypto adoption seamless for mass adoption We’re coming for the rent seeking middle men. With Opacity, industries like finance, healthcare, and advertising are finally moving beyond gatekeepers toward trust, privacy, and innovation. No more excuses, it’s time to take back the internet. LFG Read A Treatise on Verifiability, Control, and the Future of Our Internet: https://lnkd.in/gkWSmz8z Try the new Developer Platform: https://lnkd.in/guNqpDDP

If you're headed to ETHWarsaw - make sure to get your tickets for the Verifiable Summit on September 4th hosted by vlayer Labs and learn from our founder Hersh about how you can use Opacity Labs Inc. to solve cold start problems and unlock new business models with verified data from anywhere on the internet. https://lu.ma/vsummit24

😎 Happy Friday everyone! We are pleased to share that vlayer Labs is co-organising Verifiable Summit (verifiablesummit.com) in Warsaw on September 4, 2024 - a one-day conference dedicated to applied cryptography. Topics covered will include: 🔐 Zero-Knowledge Proofs (#zk) 🛡️ Fully Homomorphic Encryption (#fhe) 🤝 Secure Multi-Party Computation (#mpc) 🧩 Trusted Execution Environments (#tee) 🔮 Quantum Cryptography (#quantum) Don't miss out on this opportunity to dive into these cutting-edge topics. Our existing speaker lineup includes Founders and Researchers from Aleph Zero, Aztec, Nethermind, Provably, Opacity Labs Inc., vlayer Labs, Reilabs, Taiko Labs, Fair Math, Inc, and many more. Secure your spot and apply to be a speaker through the links below: 🎟 Get Your Tickets Here: https://lu.ma/vsummit24  🗣 Apply to be a Speaker: https://lnkd.in/etVnc_Md We can't wait to see you there!