Just three months after the last series C funding round, the Israeli company StarkWare is raising another $100 million at a $6 billion valuation, according to a report by the Israeli tech outlet Calcalist. The last series C round closed in November, brought in $50 million at a $2 billion valuation, thus tripling the company valuation in just three months.
StarkWare is a key player in the Ethereum ecosystem, developing so-called Zero-Knowledge ZK-roll-up scaling solutions on top of the Ethereum mainnet blockchain. This technology brings faster and cheaper transactions for Ethereum users.
Two ZK scaling solutions on the market
So far StarkWare has brought two scaling solution products to the general market. StarkEx is a permissioned tailor-made Ethereum scaling engine custom-built for specific applications, and StarkNet which is a general purpose permissionless decentralized ZK-rollup network that was fully launched in the last week of February. StarkNet allows any developer to build dec
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