The creators of DAML, an open-source smart contract language, Digital Assets announced that its Series C funding round. It was announced back in December and has now been joined by VM Ware, which already has tech giants among its investors like Salesforce Ventures and Samsung Venture Investment Corp (Samsung).
Before VM Ware's interest in the funding round, Brendon Howe, Vice President and General Manager of VMware Blockchain, has joined VM Ware back in September 2019 and looks after the blockchain aspects of the business.
Yuval Rooz, co-founder, and CEO of Digital Asset commented on the recent joining of VM Ware in their Series C funding round and said:
"Digital Asset's partnership with VMware provides a truly enterprise-grade blockchain offering that meets the requirements of even the most demanding use cases across a range of markets," said Yuval Rooz, co-founder, and CEO of Digital Asset.
"Brendon brings tremendous technical leadership within networking, storage, and virtualization to Digital Asset's board."
DAML smart contract language has earned a strong reputation as a state-of-the-art framework for building connected applications. The firm's partnership with leading tech giants provides them with an option to integrate their DAML smart contract language with their partner's blockchain venture, or cloud technology.
Brendon Howe, vice president, and general manager, VMware Blockchain also commented on their interest in DAML and Data Assets and said:
"Digital Asset's simple and powerful business logic approach helps customers build distributed multi-party applications much faster. The combination of DAML and VMware's blockchain products is an exciting business opportunity for both of us, and we look forward to expanding our collaboration."