Succinct has raised $55,000,000.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Uma Roy played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Succinct
Making zero-knowledge proofs accessible to any developer. Write ZKPs with Rust using SP1, a performant, open-source zkVM and generate proofs in 1-click on Succincts decentralized prover network. Introducing SP1, the first open-source zkVM that lets developers write Rust without sacrificing performance. Generate proofs with 1-click on Succinct’s decentralized prover network.

To learn more about Succinct, visit http://www.succinct.xyz/

Contact:
Uma Roy, Chief Executive Officer
347-366-1411
https://www.linkedin.com/in/umaroy/

SOURCE: http://www.intelligence360.io
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