Startups
Daml is an open-source programming language for writing distributed applications quickly, concisely, and correctly. It runs on the leading blockchain platforms which means that you can build your application now and pick which platform works best for you later.
Distributed applications are an emerging paradigm and traditional languages and toolchains just aren’t up to the task. There are complexities such as cryptography and distributed state synchronization which required a ground-up redesign. DAML may not look like anything else you know but with good reason — it is years ahead of the curve.
DAML abstracts the underlying implementation details so you can just focus on getting to market faster. Built in simulation tools and a strong type system mean that you can be sure that the application is doing exactly what you expect it to. Code written in DAML is also easier to maintain, so you can rapidly iterate on your application once it’s running.
Distributed applications are an emerging paradigm and traditional languages and toolchains just aren’t up to the task. There are complexities such as cryptography and distributed state synchronization which required a ground-up redesign. DAML may not look like anything else you know but with good reason — it is years ahead of the curve.
DAML abstracts the underlying implementation details so you can just focus on getting to market faster. Built in simulation tools and a strong type system mean that you can be sure that the application is doing exactly what you expect it to. Code written in DAML is also easier to maintain, so you can rapidly iterate on your application once it’s running.
Overview
Location
United States, New York
Employees
51-200
Founded date
2016
Mentions in press and media 9
| Date | Title | Description |
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| Jul 14, 2021 | Digital Asset Strengthens C-Suite as it Drives Toward Becoming the Global Economic Network of Interconnected Businesses | NEW YORK, July 14, 2021 (GLOBE NEWSWIRE) -- Digital Asset, creators of Daml, a leading application platform, today announced new C-suite additions to support its growing customer base and massive momentum heading into the second half of 202... |
| Apr 21, 2021 | Digital Asset Raises $120M in Growth Funding | Digital Asset, the NYC-based creator of the Daml multi-party application platform, raised over $120m in Series D funding. Backers included 7RIDGE and Eldridge. In conjunction with the funding, Carsten Kengeter and Veronica Augustsson of 7RI... |
| Apr 21, 2021 | Daml smart contract language creator raises $120M in Series D financing | Digital Asset, the creator of the Daml smart contract programming language, has secured $120 million in Series D financing from investors 7Ridge and Eldridge, setting the stage for continued expansion of the blockchain and data infrastructu... |
| Apr 21, 2021 | Digital Asset lands $120M funding to advance Daml coding language for distributed apps Since you’re here … Send us a News Tip EXTRACT THE SIGNAL FROM THE NOISE Cookies | Distributed application platform startup Digital Asset Holdings LLC announced a big funding round today that almost doubles the amount of capital it has raised previously. The company said today it has been granted $120 million in a Series ... |
| Apr 21, 2021 | Digital Asset, Developer of DAML Multi-Party App Platform, Secures Over $120M via Series D from 7RIDGE, Eldrdige | Digital Asset, the developers of the Daml multi-party application platform, revealed on Wednesday (April 21, 2021) that they have secured more than $120 million in capital through a Series D funding round from 7RIDGE and Eldridge. As stated... |
| Feb 4, 2021 | Digital Asset Shapes Future of Interoperable Applications; Showcases Strong Adoption of Open Source Smart Contract Language Daml | NEW YORK, Feb. 04, 2021 (GLOBE NEWSWIRE) -- Digital Asset, the creators of the open source smart contract language called Daml, today announced the company experienced strong 2020 momentum, including strong user community growth, customer a... |
| Aug 26, 2019 | ASX taps VMware for virtualisation, infrastructure in giant rebuild | The Australian Securities Exchange has named incumbent virtualisation provider VMware as the infrastructure base to replace its CHESS core settlements system, trumpeting a new agreement it says will boost mutual customer access as its new b... |
| Apr 4, 2019 | Digital Asset Goes Open Source as Firm Eyes Closer Ties With Hyperledger | Blockchain startup Digital Asset is open sourcing its Digital Asset Modelling Language (DAML), the beating heart of projects like the partial re-plumbing of the Australian Securities Exchange (ASX). Announced Thursday, the move sees DA maki... |
Reviews 0
FAQ about Daml
When was Daml founded?
Daml was founded in 2016.
What has the press written about Daml?
Parsers VC has collected 9 articles mentioning Daml, among them “Digital Asset Strengthens C-Suite as it Drives Toward Becoming the Global Economic Network of Interconnected Businesses” (Jul 14, 2021) and “Digital Asset Raises $120M in Growth Funding” (Apr 21, 2021).
Is Daml still active?
Yes, Daml is active; its latest activity on Parsers VC dates from Sep 8, 2021.