Enigma Project
Enigma is building a privacy layer for the decentralized web. Its protocol enables scalable, end-to-end decentralized applications.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor investor investor | €0.0 | round |
| investor investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
* | $10.0m | Early VC | |
| Total Funding | 000k | ||
| EUR | 2022 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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Enigma, founded at MIT in 2015, specializes in developing privacy-focused technologies for blockchains, smart contracts, and the decentralized web. The company is a core contributor to the Secret Network, a unique blockchain-based network that allows computations to be performed on encrypted data, ensuring privacy and security. Enigma's mission is to enhance the adoption and usability of privacy-first products, benefiting a wide range of users and industries.
Enigma serves developers, businesses, and organizations that require secure and private data handling solutions. Operating in the blockchain and decentralized technology market, Enigma's business model revolves around building and supporting privacy-focused technologies and networks. The company generates revenue through contributions to the Secret Network and by providing advanced privacy solutions to its clients.
Enigma's technologies ensure that all data used for computations remains encrypted and secure, offering more value, opportunity, and usability. By focusing on privacy, scalability, and usability, Enigma aims to secure the future of the web and promote the global adoption of decentralized technologies.
Keywords: privacy-focused, blockchain, encrypted data, Secret Network, smart contracts, decentralized web, secure computations, privacy-first, scalability, usability.