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cambridge-blockchain.com

Founded Year

2015

Stage

Acquired | Acquired

Total Raised

$13.09M

About Cambridge Blockchain

Cambridge Blockchain provides digital identity enterprise software for financial institutions. Cambridge Blockchain's distributed architecture resolves the competing challenges of transparency and privacy, resulting in faster customer onboarding, lower costs, and enhanced compliance through a single, trusted and consistent view of customer reference data.On December 1, 2020 Cambridge Blockchain was acquired by Blockchains. The terms of the transaction were not disclosed.

Cambridge Blockchain Headquarter Location

1 Broadway 14th Floor

Cambridge, Massachusetts, 02142,

United States

617-275-2755

ESPs containing Cambridge Blockchain

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTHMARKET STRENGTHLEADERHIGHFLIEROUTPERFORMERCHALLENGER
Financial Services / Cybersecurity

These companies offer solutions that support the secure transfer of information (e.g. secure communications, multi-party computation, and device/user authentication) using distributed ledger technology.

Cambridge Blockchain named as Challenger among 9 other companies, including R3, ConsenSys, and Digital Asset.

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Expert Collections containing Cambridge Blockchain

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Cambridge Blockchain is included in 4 Expert Collections, including Regtech.

R

Regtech

1,341 items

Technology that addresses regulatory challenges and facilitates the delivery of compliance requirements in FIs. Regulatory technology helps FIs and regulators address challenges ranging from traditional compliance and risk management to data reporting and transmission.

B

Blockchain

4,669 items

Companies and startups in this collection leverage blockchain technology for crypto trading, decentralized finance (DeFi), NFTs, and more.

F

Fintech

7,442 items

US-based companies

D

Digital ID In Fintech

268 items

For this analysis, we looked at digital ID companies working in or with near-term potential to work in fintech applications. Startups here are enabling fintech companies to verify government documents, authenticate with biometrics, and combat fraudulent logins.

Cambridge Blockchain Patents

Cambridge Blockchain has filed 8 patents.

The 3 most popular patent topics include:

  • Cryptography
  • Identity management
  • Privacy
patents chart

Application Date

Grant Date

Title

Related Topics

Status

3/8/2019

12/28/2021

Identity management, Cryptography, Federated identity, Privacy, Key management

Grant

Application Date

3/8/2019

Grant Date

12/28/2021

Title

Related Topics

Identity management, Cryptography, Federated identity, Privacy, Key management

Status

Grant

Latest Cambridge Blockchain News

BLOCKCHAINS ACQUIRES CAMBRIDGE BLOCKCHAIN

Dec 1, 2020

| Source: Blockchains Management, Inc Cambridge Blockchain logo SPARKS, NEVADA, Dec. 01, 2020 (GLOBE NEWSWIRE) -- Blockchains Management, Inc., an affiliate of Blockchains, LLC  (collectively, "Blockchains"), a blockchain software development company committed to protecting and empowering individuals, today announced its acquisition of Cambridge Blockchain, Inc., a blockchain-based identity management and compliance software solutions provider. Cambridge Blockchain's solutions harness blockchain's potential to globally deliver strong digital identities and meet increasingly stringent data privacy obligations. The company has experience designing software to share identity data across systems, specifically, European financial institutions. The acquisition of Cambridge Blockchain further increases Blockchains' capacity to deliver an ecosystem of products set to prepare individuals for web 3.0 and the emerging digital economy, with a blockchain-powered digital identity solution at the core. The companies' shared ethos of returning control of personal data to users while delivering the benefits of a trusted, distributed digital identity to consumers, organizations, and government institutions solidified the union. "Cambridge Blockchain has unique, real-world experience in designing identity management systems and streamlining digital identity compliance in the areas of government, ePrivacy, banking and fintech," said executive vice president Lee Weiss. "We are excited to bring on board a team that has demonstrated successful technology applications globally for enterprises, governments, and regulators in a way that ultimately benefits the individual." "Blockchains' vision is truly aligned with what our aspirations for Cambridge Blockchain were from the onset," said co-founder Matthew Commons. "The idea that individuals should be in control of their own data has been one of our founding principles. We are thrilled to be part of the Blockchains organization that can put a wide range of applications and integrations into practice in Nevada and globally. "  With this transaction, Blockchains is acquiring a deep, enterprise-grade distributed identity software stack, a robust IP portfolio including numerous issued patents, a seasoned technical team, and valuable commercial relationships. The company's principals, Matthew Commons, Alex Oberhauser, Muthu Arumugam, and its software developers will join Blockchains' digital identity team, with complete integration targeted for the beginning of 2021. Further, Cambridge Blockchain will begin its transition to the Blockchains brand in the coming months. Cambridge Blockchain's enterprise framework is expected to accelerate further Blockchains' efforts in building a blockchain ecosystem that meets the needs of biometrically secured credentialing in government, future e-wallets, document provenance, and other products that will change how individuals interact in a digital world. "When it comes to digital transformation, a robust and secure digital identity framework is key to any transactive system," said Blockchains founder Jeffrey Berns. "I look toward the upcoming year when Blockchains will deliver its digital identity solution as well as its suite of products aimed at providing the most secure and user-friendly management for individuals’ digital interactions."   About Blockchains Blockchains conceptualizes, develops, and incubates blockchain-powered ideas. The company owns more than 67,000 acres in northern Nevada that it intends to use as a real-world sandbox for showcasing blockchain and other innovative technologies. Blockchains is committed to protecting and empowering individuals through the development of applications and ecosystems set to change the way people interact with technology, infrastructure, and each other. Blockchains' software solutions presently in development focus on preparing the world for the next phase of the internet's evolution, with an emphasis on digital identity management, digital asset management, and blockchain connectivity for IoT devices. About Cambridge Blockchain Cambridge Blockchain , founded in 2015, develops blockchain-based identity management and compliance software solutions for financial institutions. The company provides an identity management platform for multinational banks and financial institutions that puts control of personal identity data back in the hands of the end-user.

  • When was Cambridge Blockchain founded?

    Cambridge Blockchain was founded in 2015.

  • Where is Cambridge Blockchain's headquarters?

    Cambridge Blockchain's headquarters is located at 1 Broadway, Cambridge.

  • What is Cambridge Blockchain's latest funding round?

    Cambridge Blockchain's latest funding round is Acquired.

  • How much did Cambridge Blockchain raise?

    Cambridge Blockchain raised a total of $13.09M.

  • Who are the investors of Cambridge Blockchain?

    Investors of Cambridge Blockchain include Blockchains, Paycheck Protection Program, Flourish Ventures, Future Perfect Ventures, PayPal Ventures and 8 more.

  • Who are Cambridge Blockchain's competitors?

    Competitors of Cambridge Blockchain include Blocko and 7 more.

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