Fabric Cryptography Doubles Down on VPU Chips for Enhanced Security
Fabric's Vision in Cryptography
Fabric Cryptography has emerged as a notable player in the tech landscape, recently securing $33 million in a Series A round aimed at developing VPU chips. These chips are set to improve hardware security and cryptographic capabilities, promising to redefine how encryption is approached.
Key Stakeholders and Funding
This funding round was co-led by Blockchain Capital, reflecting the rising trend of investments in innovative hardware solutions. Investors are increasingly recognizing the potential of specialized chips in enhancing cryptography.
Future Prospects
With this new influx of capital, Fabric aims to accelerate its research and development efforts. The VPU chips are expected to provide robust security features essential for various technology applications.
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