Digital Asset Adds VMware As New Investor For Series C Investment Round

Digital Asset, the creators of the open-source DAML smart contract language, announced on Tuesday VMware has joined its Series C funding round, which was announced in December 2019. VMware notably joins technology leaders Salesforce Ventures and Samsung Venture Investment Corp (Samsung) as investors in Digital Asset and its growing ecosystem of DAML partners.

Founded in 2014, Digital Asset is building the platform, developer tools, and leveraging infrastructure providers to change how businesses interact.

DAML is a state-of-the-art framework for building connected applications that span data silos and trust boundaries, changing how businesses collaborate across industries. Digital Asset partners with technology infrastructure providers to integrate DAML smart contracts with their blockchain, database or cloud technologies.”

Digital Asset also noted that in April 2019, it partnered with VMware to integrate DAML with VMware Blockchain. Subsequently, further integrations were announced with Hyperledger Fabric, Sawtooth, and Besu, R3’s Corda, Chinese blockchain FISCO BCOS, Amazon’s QLDB, and Aurora databases, as well as DAML cloud service, project: DABL, making DAML the most widely supported smart contract language in the world. Speaking about the collaboration, Yuval Rooz, Co-Founder and CEO of Digital Asset

“Digital Asset’s partnership with VMware provides a truly enterprise grade blockchain offering that meets the requirements of even the most demanding use cases across a range of markets. Brendon brings tremendous technical leadership within networking, storage, and virtualization to Digital Asset’s board.”

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