The smart contract language developer, which has some 15 earlier corporate investors, has received funding from Eldridge and 7Ridge.
Digital Asset, a US-based blockchain software tool developer backed by a number of corporate investors, raised $120m yesterday in a series D round that included investment firm Eldridge and asset manager 7Ridge.
Founded in 2014, Digital Asset has created an open-source smart contract language called Daml that enables users to develop distributed applications for distributed ledger technology, blockchain technology and databases. The funding will support a 50% increase in headcount by the end of 2021.
The company has raised at…
