zCloak Network is a technology company.
zCloak Network has raised $6.0M across 1 funding round.
zCloak Network has raised $6.0M in total across 1 funding round.
zCloak Network has raised $6.0M in total across 1 funding round.
zCloak Network's investors include Redpoint Ventures, Sancus Ventures, David Mytton, Shane Neman.
zCloak Network is a blockchain technology company building a privacy-preserving computing platform centered on decentralized identity (DID) and data ownership using zero-knowledge proofs (ZKPs).[1][2][4] It develops products like Valid One for privacy-focused identity verification, Cloaking Layer for universal ZK verification infrastructure, and zCloak.Money, a 100% on-chain multi-signature wallet for enterprise-level security powered by ICP technology.[3][4] These solutions serve individuals, organizations, and developers in Web3, enabling secure data control on user devices rather than centralized servers, solving privacy risks in DeFi, biometrics, and AGI-driven interactions.[1][2][3] Growth momentum includes partnerships highlighted in late 2025 and backing from Coinbase Ventures, positioning it as a leader in on-chain privacy tools.[3]
Founded in 2020 in Hong Kong (formerly Starks Network), zCloak Network was re-established under its current name by Dr. Xiao Zhang in 2021.[1] Dr. Zhang's leadership drove the shift toward Web3 privacy solutions amid rising concerns over centralized data control. Early traction came from integrating W3C DID and Verifiable Credentials standards with ZKPs, moving computation to user devices—a pivotal move redefining digital identity in blockchain.[2][3] This evolution aligned with Web3's maturation, gaining momentum through products like Cloaking Layer and enterprise wallets.[4]
zCloak rides the Web3 privacy and AGI trust wave, where data breaches and AI-driven surveillance demand decentralized alternatives to Web2 centralization.[2][3] Timing is ideal amid 2025's regulatory push for compliant DID (e.g., W3C standards) and enterprise Web3 adoption, fueled by ZKP scalability advances.[1][4] Market forces like rising cyber threats and DeFi growth favor its user-sovereign model, influencing the ecosystem by enabling secure on-chain apps and bridging Web2-Web3 identities.[2][3] It empowers developers to build privacy-native tools, accelerating blockchain's shift toward mainstream finance and AI integration.[4]
zCloak Network is poised to dominate ZK-powered DID as AGI amplifies privacy needs, with expansions in AI-DeFi wallets and universal verification protocols.[3][4] Trends like interoperable ZK infrastructure and enterprise on-chain security will propel growth, potentially capturing market share from fragmented privacy tools. Its influence may evolve into a core Web3 primitive, fostering broader data sovereignty—reinforcing its role as the trailblazer shifting control from servers to users.[2]
zCloak Network has raised $6.0M across 1 funding round. Most recently, it raised $6.0M Seed in June 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jun 1, 2022 | $6.0M Seed | Redpoint Ventures, Sancus Ventures, David Mytton, Shane Neman |