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Clique raises USD 8 million in Series A funding
Enterprise Blockchain Solutions
Mar 14, 2024
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Enterprise Blockchain Solutions

Enterprise Blockchain Solutions

Mar 14, 2024

Clique raises USD 8 million in Series A funding

Funding

  • Clique, a blockchain data and computing infrastructure platform, has secured USD 8 million in Series A funding led by Polychain Capital, with participation from Bankless, Robot Ventures, Santiago R. Santos, and Balaji Srinivasan, among others. This round brings the company's total funding to USD 8 million.

  • Clique offers an identity oracle protocol that provides users with a range of heterogeneous encryption and compute solutions for on-chain and off-chain applications. The platform provides a range of solutions that leverage technologies, such as zero-knowledge proofs (ZKP), trusted execution environments (TEE), and AI-based compute, which can be organized and allocated based on the requirements of each app.

  • Analyst QuickTake: Clique offers a similar solution to Zama , a blockchain data encryption company, that raised USD 73 million in Series A funding last week. While Clique is comparatively much smaller in terms of funding, it aims to differentiate itself by offering a broader range of solutions which includes verifiable compute services on top of on-chain data, oracles for bringing in data from any internet data source, and specialized hardware for privacy, AI, and secure computation.

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