Sep 19, 2024

Alumni Ventures Invests in Space and Time’s Secure, ZK-Verified Data Warehouse Co-Founder and CEO Nate Holiday Recently Discussed His Company on AV’s Tech Optimist Podcast Written by 2 min Alumni Ventures (AV) , one of the world’s most active VC firms, is a proud investor in Space and Time . The company offers a decentralized data warehouse platform revolutionizing how data is verified and secured in AI and blockchain applications. AV invested in Space and Time’s $20 million Series A led by Framework Ventures, with participation from Lightspeed Faction, Arrington Capital, and Hivemind Capital. Space and Time was co-founded by CEO Nate Holiday and CTO Scott Dykstra , both seasoned veterans in the database and data warehousing industry. The company is addressing the growing need for transparency, verifiability, and security in data processing. Space and Time’s decentralized platform ensures that applications, from enterprise systems to blockchain-driven processes, can operate without the risk of data tampering or manipulation. Tech Optimist Episode #49: Meet the Startup Building Secure Data Warehouses for Our Ever-Changing World See video policy below. “Today, most applications still rely on centralized databases, leaving them vulnerable to manipulation,” said Holiday, who recently discussed his company on AV’s Tech Optimist podcast . “Our vision is to create a verifiable database using zero knowledge proofs, which can power applications across industries like AI blockchain, ensuring that data is always transparent, verifiable, and secure.” “Our vision is to create a verifiable database that ensures data is always transparent, verifiable, and secure.” Nate Holiday Co-Founder & CEO, Space and Time At the core of Space and Time’s technology is its revolutionary Proof of SQL , the first sub-second ZK co-processor that allows developers to verify SQL query results using zero-knowledge proofs. This cryptographic method ensures that data processing within the warehouse cannot be altered, bringing unprecedented trust to industries where data integrity is paramount. This innovation has already garnered interest from major technology partners such as Google and Microsoft, who have integrated Proof of SQL with their respective data platforms. “As more businesses and applications move towards automation with AI and blockchain, ensuring that data is tamper-proof and secure is essential,” said AV Managing Partner Ray Wu , who hosted the conversation with Holiday on AV’s Tech Optimist podcast . “Space and Time is addressing one of the most pressing challenges in today’s digital economy. We’re excited to back Nate, Scott, and their team as they lead the charge in eliminating data manipulation and setting new standards for data integrity.” About Space and Time Space and Time is a leader in decentralized data and zero-knowledge (ZK) technology, providing a verifiable, multichain data platform for smart contracts, enterprises, and AI models. SxT’s Proof of SQL is the industry’s first sub-second ZK coprocessor, which enables smart contracts to process onchain and offchain data at scale, opening up a wealth of powerful new use cases for blockchain technology. Backed by Microsoft’s M12 Ventures, SxT is trusted by the most prominent financial institutions, enterprises, and Web3 apps.