# about zCloak Network

**Published by:** [BrinzaBoy](https://paragraph.com/@ollymurs/)
**Published on:** 2023-02-23
**URL:** https://paragraph.com/@ollymurs/about-zcloak-network

## Content

zCloak Network is a privacy-focused computing platform based on Polkadot. It uses a novel zk-STARK virtual machine for general purpose computations. It enables a new computation paradigm called the Cloaking Space, which provides a private and scalable computation environment for Web 3.0. With zCloak Network, people can use their real-world data for e.g. DeFi, NFT applications without disclosing their privacy. zCloak Network will adopt a business model of Zero-Knowledge Proof as a Service for major public blockchains. zCloak Network was formerly known as Starks Network. They just raised $5.8 million in a pre-Series A round. While there was no lead investor, Coinbase Ventures was a major participant, according to a news release.Participating investors included Bixin Ventures, Matrixport Ventures, DFG, Sancus Ventures, KuCoin Ventures, Sanctor Capital, Hash Global and Jump Capital among others. The valuation was not disclosed.zCloak Network is a privacy-focused computing platform based on Polkadot. It uses a novel zk-STARK virtual machine for general purpose computations. It enables a new computation paradigm called the Cloaking Space, which provides a private and scalable computation environment for Web 3.0. With zCloak Network, people can use their real-world data for e.g. DeFi, NFT applications without disclosing their privacy. zCloak Network will adopt a business model of Zero-Knowledge Proof as a Service for major public blockchains. zCloak Network was formerly known as Starks Network. They just raised $5.8 million in a pre-Series A round. While there was no lead investor, Coinbase Ventures was a major participant, according to a news release.Participating investors included Bixin Ventures, Matrixport Ventures, DFG, Sancus Ventures, KuCoin Ventures, Sanctor Capital, Hash Global and Jump Capital among others. The valuation was not disclosed.

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