Tech Company Financing Transactions
zeroRISC Funding Round
zeroRISC, based in Somerville, secured $5 million from Cambridge Angels, Amadeus Capital and private investors.
Transaction Overview
Company Name
Announced On
10/30/2023
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to deliver a commercial cloud security service for silicon built on the OpenTitan® open-source silicon root of trust (RoT) project.
Company Information
Company Status
Private & Independent
Industry
Security
Mailing Address
90 Concord Ave 1
Somerville, MA 02143
USA
Somerville, MA 02143
USA
Phone
Undisclosed
Website
Email Address
Overview
The safest and most secure systems start with open silicon and provide assurances upon that highly secure foundation below the operating system. OpenTitan is at the forefront of open silicon security. Founded in 2023 and comprised of original OpenTitan project team members from Google, including founder and CEO Dominic Rizzo, zeroRISC is focused on providing the first commercial cloud security service built on the OpenTitan open-source silicon root of trust (RoT) project that delivers transparency and reliability for data centers, OT/ICS and IoT technologies, and automotive.
Management Team
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