Blockchain

Clique has raised $8 million in Series A to transform the way smart contracts access data.

Clique, a pioneering infrastructure company enabling secure and powerful data computing for blockchains, today announced a successful $8 million Series A led by Polychain Capital to build a heterogeneous computing orchestration network that transforms the way on-chain and off-chain applications are run. announced a funding round. Access compute and data.

This round also saw participation from renowned investors such as Bankless, Robot Ventures, Santiago R. Santos, and Balaji Srinivasan, as well as other renowned angels such as the founders of Lido, Polygon, Scroll, Berachain, Monad, Gitcoin, Axiom, Succinct, and Uniswap Foundation. .

The goal of this latest funding round is to further Clique’s mission to enable efficient and optimal allocation of compute resources for applications with different preferences. By leveraging a variety of compute vendors specializing in areas such as verifiable computing using zero-knowledge proofs (ZKPs), confidential computing Trusted Execution Environments (TEEs), and AI-based computing using GPUs, applications can be leveraged across a variety of media: Can be optimized to suit variables. Trust, privacy, security, performance and cost.

Founded by Kevin Yu and Jaden Yan, Clique emerged as a pioneer in the blockchain space, being the first to produce oracles that could handle personal data off-chain in a secure and trust-minimizing manner using technologies such as ZKP and TEE. . To date, Clique has enabled over US$3,500,000,000 in on-chain transactions using the protocol.

The company has played a pivotal role in bootstrapping on-chain user data for major ecosystems such as Arbitrum, Optimism, Linea, Mantle, and Ronin. It has served over 750,000 end users in the Web3 space and has built partnerships with over 500 companies, including industry leaders such as Sony Music US, Trip.com, Aave, Eigenlayer, Sushiswap, Velodrome, Synthetix, and more.

Introduction to the Clique Compute Coordination Network

The Clique Compute Coordination Network organizes various off-chain computing resources and allocates them as needed by both regular applications and smart contracts. This includes coprocessors to perform verifiable computing based on on-chain data, oracles to pull data from any Internet data source, and specialized hardware for privacy, AI, and secure computing. This gives applications easy access to a variety of computing resources and data, with the ability to adjust preferences for trust, privacy, performance, and cost.

“Today, there are many compute providers in both the blockchain and non-blockchain world. Each has different optimization goals. Integrating diverse computing supplies to form standardized, schedulable computing services and matching them to appropriate computing demands is an important problem to solve. “What Clique is building is precisely enabling the interconnection and intercommunication of computing power, potentially powering an even more vibrant digital economy in the era of AI innovation.” Kevin Yu, co-founder of Clique, said:

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Developers and protocols interested in leveraging and integrating with Clique’s Software Development Kit (SDK) should contact the team at (email protected). To learn more about Clique and To learn about this groundbreaking technology, visit clique.tech or follow the project on Twitter (@Clique2046).

For media inquiries or interview requests, please contact:

Website: clique.tech

Twitter: https://twitter.com/Clique2046

Substack: https://substack.com/profile/124411026-clique

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