The smart contract software developer has now raised $150m altogether, its past backers including IBM, Accenture and a host of investors from the financial services space.

Digital Asset, a US-based digital contracts technology developer backed by multiple corporate investors, has secured more than $35m in series C funding from undisclosed new and existing investors.

Founded in 2014, Digital Asset has created an open source smart-contract programming language called DAML that can form the basis of either smart contracts or applications that can automate part of the contract organisation process.

The funding will support the commercialisation of DAML and the development of new tools including a cloud-based…