Horizen Labs
Financials
Estimates*
USD | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|
Revenues | 1.5m | 2.3m | 9.0m | 13.8m |
% growth | - | 53 % | 291 % | 53 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$4.0m | Seed | ||
$7.0m | Seed | ||
Total Funding | AUD17.0m |
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Recent News about Horizen Labs
EditHorizen Labs is a cutting-edge technology company specializing in blockchain solutions. They focus on creating programmable, customizable blockchains that are secure, scalable, and can enhance privacy using a technology called zk SNARKs. This technology allows for zero-knowledge proofs, which means transactions can be verified without revealing any sensitive information.
The company serves a diverse range of clients, including businesses looking to integrate blockchain technology into their operations, developers who need robust tools to build blockchain applications, and organizations that require privacy-enhanced audit systems. Horizen Labs operates in the rapidly growing blockchain market, which includes sectors like finance, supply chain, healthcare, and more.
Horizen Labs' business model revolves around providing blockchain solutions through their Software Development Kit (SDK) and their proprietary product, zkAudit. The SDK allows developers to create custom blockchains efficiently, while zkAudit offers a privacy-enabled audit system that enhances transparency without compromising user privacy. These products are built on a proof-of-stake blockchain infrastructure, which is known for being secure and energy-efficient.
The company generates revenue by offering these blockchain solutions to businesses and developers. They provide licensing for their SDK, charge for the deployment and maintenance of custom blockchains, and offer consulting services to help clients implement their technology effectively. Additionally, they may earn from transaction fees on the blockchains they help create.
In summary, Horizen Labs is at the forefront of blockchain innovation, providing secure, scalable, and privacy-enhanced solutions to a wide range of clients. Their expertise in zero-knowledge cryptography sets them apart in the market, making them a go-to provider for businesses looking to leverage blockchain technology.
Keywords: blockchain, zk SNARKs, zero-knowledge proofs, SDK, custom blockchains, privacy, scalability, proof-of-stake, audit system, technology solutions.