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Silence Laboratories builds private computing infrastructure, enabling secure collaboration and computation on sensitive data without exposure. Its core offerings, Silent Shard and Silent Compute, leverage advanced cryptographic techniques like Multi-Party Computation (MPC). Silent Shard provides end-to-end MPC as a service for digital assets and keys; Silent Compute facilitates privacy-preserving operations over distributed datasets.
The company was founded in 2019 by Dr. Jay Prakash, Dr. Andrei Bytes, and Dr. Tony Quek, emerging from extensive academic research and incubation at the Singapore University of Technology and Design. Their combined cryptographic expertise underpinned the foundational insight: to deliver institutional-grade solutions addressing the critical need for data privacy in a connected digital environment.
Silence Laboratories serves clients across digital assets, finance, telecom, and consumer sectors, providing infrastructure for securing sensitive information. Their technology empowers organizations to manage digital wallets, custody solutions, and transactions with enhanced security. The company envisions a future where data is utilized for insights without compromising privacy.
Silence laboratories has raised $4.0M across 1 funding round.
Silence laboratories has raised $4.0M in total across 1 funding round.
Silence laboratories has raised $4.0M in total across 1 funding round.
Silence laboratories's investors include Polygon, Andrew Keys, Rahul Sethuram.
Silence Laboratories is a cybersecurity startup specializing in decentralized authentication and privacy-preserving computations using multi-party computation (MPC) and threshold signature schemes (TSS). Founded around 2019-2020 and headquartered in Singapore with operations in Bengaluru, it develops libraries like Silent Shard for MPC-TSS and Silent Auth for proofs-based multi-factor authentication (MFA), serving enterprises in finance, cloud services, RegTech, and Web3.[1][2][3][4][5] These solutions replace traditional OTPs with proximity proofs, user signals, and distributed key shares, enabling secure, frictionless access without exposing secrets to single points of failure, while ensuring compliance with data protection standards like GDPR.[1][4][5] The company has raised $5.8M total funding, including a $1.7M seed round in 2022, and powers fast, scalable applications such as under-1-second offline tap-to-pay for bus ticketing in India.[3][4][6]
Silence Laboratories emerged from discussions among founders with elite technical pedigrees, including PhDs and researchers from Singapore University of Technology & Design (SUTD), National University of Singapore (NUS), University of Illinois Urbana-Champaign (UIUC), MIT's CSAIL, top Capture The Flag (CTF) teams, and leading tech firms.[2][5] CEO and co-founder Jay Prakash, after initial customer talks in Singapore and the US, pivoted from an original idea to MPC-based decentralized authentication upon identifying private key exposure risks in crypto wallets.[5] Founded in 2019 (with some sources noting 2020 or 2022 refinements), the company quickly gained traction by building the fastest production MPC signing libraries (5-10x faster than competitors) and organizing Decompute, a conference on decentralized security.[2][3][4][5] Early milestones include seed funding in 2022 and partnerships for real-world deployments like BLE-based P2P payments.[3][4]
Silence Laboratories rides the wave of decentralized identity and zero-trust security, fueled by Web3 growth, rising cyber threats, and regulations like GDPR demanding privacy-by-design.[1][3][5] Timing is ideal amid MPC adoption in blockchain wallets, DeFi, and enterprise auth, where traditional MFA fails on usability and key exposure—market forces like quantum risks and data silos amplify demand for distributed compute.[2][4][5] It influences the ecosystem by lowering barriers for devs via fast, integrable libraries, powering innovations in distributed storage, RegTech AML, and contactless payments, while events like Decompute foster MPC standards.[4][5]
Silence Laboratories is primed to dominate MPC-TSS for enterprise Web3 and beyond, with libraries enabling mass adoption of trustless auth in AI-driven compute and tokenized assets. Trends like edge AI privacy, quantum-resistant crypto, and global RegTech mandates will accelerate growth, potentially through major partnerships or Series A. Its influence could evolve from toolkit provider to ecosystem orchestrator, tying back to its core mission: making secrets computable without compromise.[4][5]
Silence laboratories has raised $4.0M across 1 funding round. Most recently, it raised $4.0M Seed in February 2024.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Feb 1, 2024 | $4.0M Seed | Polygon, Andrew Keys, Rahul Sethuram |