Decentralised Security Provider Silence Laboratories raises $1.7 Million in Seed Funding
SINGAPORE, Aug. 31, 2022 /PRNewswire/ -- Silence Laboratories , a web3 focused cybersecurity startup, headquartered in Singapore and working on libraries for MPC and Proofs-based Decentralised Security-as-Service (DSaaS), has closed a $1.7 million round in a seed funding, led by Pi Ventures .
- SINGAPORE, Aug. 31, 2022 /PRNewswire/ -- Silence Laboratories , a web3 focused cybersecurity startup, headquartered in Singapore and working on libraries for MPC and Proofs-based Decentralised Security-as-Service (DSaaS), has closed a $1.7 million round in a seed funding, led by Pi Ventures .
- Silence Laboratories (SL) is on a mission to build a developer focused cryptographic stack and is motivated to democratizing non-trivial libraries.
- Hence, the internet is witnessing a growing push towards distributed authentication protocols and signature schemes and Silence Laboratories is at the forefront of this revolution," says Jay Prakash, CEO and Co-Founder at Silence Laboratories.
- Silence Laboratories is working on setting up an Applied Cryptography and Web3 Security corporate R&D centre in South Asia, with local and international collaborations.