Company Overview
Snapshot
Founded in December 2021 by Omer Shlomovits, Michael Asa, and Danny Shterman, Ingonyama operates with 11–50 employees. The company has raised $20 million across one funding round from 5 investors, with Walden Catalyst Ventures as a lead investor. In November 2023, Ingonyama announced it had raised $20 million in a seed round.
Business overview
Ingonyama specializes in developing hardware accelerators for advanced cryptography, focusing on Zero-Knowledge Proof (ZKP) and Fully Homomorphic Encryption (FHE). The company's core product is a programmable parallel computing processor, similar to a GPU, specifically engineered to accelerate these cryptographic operations. Ingonyama serves markets requiring high-performance cryptographic solutions, operating within the Industrial Technologies sector, particularly in Microelectronics & Photonics Solutions and Data Architecture.
Strategic signal
Ingonyama's successful $20 million seed funding round in November 2023, led by Walden Catalyst Ventures, signals strong investor confidence in the company's vision for hardware-accelerated cryptography.
Log in to access full profile ›Company Intelligence Q&A
- When was Ingonyama founded and by whom?
- Ingonyama was founded in December 2021 by Omer Shlomovits, Michael Asa, and Danny Shterman.
- What is Ingonyama's primary focus?
- Ingonyama focuses on Zero-Knowledge Proof hardware acceleration, developing a programmable parallel computing processor for advanced cryptography.
- How much capital has Ingonyama raised to date?
- Ingonyama has raised a total of $20 million across one funding round.
- Which investors participated in Ingonyama's seed funding round?
- In November 2023, Ingonyama secured seed funding from investors including Walden Catalyst Ventures and Geometry.
- What products does Ingonyama offer?
- Ingonyama offers products named BLAZE and ICICLE, which are designed for hardware acceleration in cryptography.