Founded Year

2015

Stage

Unattributed - IV | Alive

Total Raised

$112M

About R3

R3 is an enterprise blockchain software firm working with a global ecosystem of participants across multiple industries from both the private and public sectors to develop on Corda, its open-source blockchain platform, and Corda Enterprise, a commercial version of Corda for enterprise usage. The Corda platform is used in industries from financial services to healthcare, shipping, insurance and more. It records, manages and executes institutions’ financial agreements in perfect synchrony with their peers.

R3 Headquarter Location

1155 Avenue of the Americas 34th Floor

New York, New York, 10036,

United States

646-630-7421

R3's Product Videos

ESPs containing R3

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.

R3 named as Leader among 9 other companies, including ConsenSys, Digital Asset, and SecureKey Technologies.

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R3's Products & Differentiation

See R3's products and how their products differentiate from alternatives and competitors

  • Corda

    Corda is the only scalable enterprise DLT platform for developing multi-party applications in regulated industries. It automates and removes friction and unnecessary redundancies in multi-party data sharing, document and asset exchange, trade, settlement, payment, and custody of assets. Corda’s efficiency allows businesses to create enterprise-grade digital assets, that can be transferred with finality for dependable fast value transfer. With R3's full enablement, our customers reduce development and business operation costs while swiftly realising business value. R3 also offers an open-source version of Corda which delivers the core attributes of open source with enterprise functionality, services and support.

    Differentiation

    Unlike traditional permission-less blockchain platforms, Corda separates transaction uniqueness from transaction processing, allowing it to achieve the openness of public networks while retaining th… 

    Unmatched scalability - effortlessly scales frictionless transactions among participants, regardless of transaction volume or velocity. 

    Accelerated time to market- with Corda as a managed services platform on the cloud. 

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    Differentiation

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Research containing R3

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned R3 in 5 CB Insights research briefs, most recently on Jun 7, 2022.

Expert Collections containing R3

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

R3 is included in 4 Expert Collections, including Blockchain.

B

Blockchain

4,913 items

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

I

Insurtech

3,307 items

Companies and startups that use of technology to improve core and ancillary insurance operations. Companies in this collection are creating new product architectures, improving underwriting models, accelerating claims and creating a better customer experience

F

Fintech

7,442 items

US-based companies

B

Blockchain 50

100 items

R3 Patents

R3 has filed 57 patents.

The 3 most popular patent topics include:

  • Cryptocurrencies
  • Cryptography
  • Alternative currencies
patents chart

Application Date

Grant Date

Title

Related Topics

Status

8/14/2019

6/14/2022

Cryptocurrencies, Cryptography, Key management, Blockchains, Alternative currencies

Grant

Application Date

8/14/2019

Grant Date

6/14/2022

Title

Related Topics

Cryptocurrencies, Cryptography, Key management, Blockchains, Alternative currencies

Status

Grant

Latest R3 News

Canon Pulls R3 Firmware Update for Undisclosed Reason

Jul 27, 2022

Jul 27, 2022 When reached for comment, Canon said the following but stopped short of providing an explanation. “The latest firmware version 1.2.0 for the EOS R3 is temporarily unavailable. We anticipate the firmware being available in the near future; therefore please check back soon for your download.” The undisclosed issues with firmware version 1.2 will eventually be resolved, at which point it should be available to download from Canon USA’s website again . That said, the removal of the update does indicate that it did not work as planned. Photographers who may have downloaded the update but had not yet installed it should probably hold off until Canon either explains what caused an issue or until the company is able to publish a new, fixed update. Canon’s R3 firmware update version 1.2 added a new custom high-speed continuous shooting setting that allows for the capture of between 30 and 195 frames per second at full resolution in JPEG, HEIF, or RAW. When it was announced, Canon said that this mode allows the camera to shoot between 2 and 50 photos at those speeds. The update also updated video performance, which allowed the camera to shoot Full HD video at up to 240p, which Canon said is usually a framerate reserved for dedicated video cameras. The R3 firmware update version 1.2 added a total of 14 updates including the two noted changes above including several new features and a host of minor bug fixes. Issues with firmware like this are not common, but they have happened. Last year, Canon released a firmware update for the R6 mirrorless camera that introduced a Full HD video recording bug . That bug caused the camera to lock up upon restart — which was demonstrated by a user in China — after initiating certain video modes in APS-C crop mode. When the issue came up, the camera exhibited an “Err 70” warning. That issue was fixed within 24 hours of the company’s initial firmware update. Just as was the case this time, Canon removed the initial 1.3.0 update without explanation while it worked on the fix, which came in the form of firmware update 1.3.1.

R3 Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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R3 Rank

  • When was R3 founded?

    R3 was founded in 2015.

  • Where is R3's headquarters?

    R3's headquarters is located at 1155 Avenue of the Americas, New York.

  • What is R3's latest funding round?

    R3's latest funding round is Unattributed - IV.

  • How much did R3 raise?

    R3 raised a total of $112M.

  • Who are the investors of R3?

    Investors of R3 include Temasek, OUE, CLS Group, TIS INTEC Group, UBS and 56 more.

  • Who are R3's competitors?

    Competitors of R3 include Blocko, Digital Asset, ConsenSys, SecureKey Technologies, IronWeave and 11 more.

  • What products does R3 offer?

    R3's products include Corda and 2 more.

  • Who are R3's customers?

    Customers of R3 include TradeIX, Contour and SDX.

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