Company profile
Strata Labs
Financial infrastructure supporting cross currency payments
- Industry
- Technology, Information and Internet
- Employees
- 2
- Headquarters
- San Francisco, CA
- Founded
- 2018
- LinkedIn followers
- 44
- Office locations
- 1
Strata Labs company summary
Strata Labs is a company in the Technology, Information and Internet industry, headquartered in San Francisco, CA, founded in 2018. On LinkedIn the company has around 2 employees and 44 followers.
What technology does Strata Labs use?
No technologies detected yet. Warmrank rechecks company websites on a rolling basis.
About Strata Labs
Strata Labs built scalable payments technology supporting the interledger network and was acquired by Ripple in October of 2019. Passionate about creating a globally interoperable payments network our founders set out to demonstrate the feasibility of interledger, an open source protocol that facilitates instantaneous cross currency payments. Our team worked to lay the foundations of this network, expanding the number of interoperable currencies to include multiple decentralized (Bitcoin, Ethereum, XRP) and fiat (USD, EUR) currencies. To accelerate the growth of the network we developed a product that allowed depository financial institutions to access their payments data through a simple API while we managed the cloud infrastructure. Given the mission critical nature of payments infrastructure, we maintained our SLAs through employing state of the art cloud deployment tools like kubernetes. Our customer set included multiple depository financial institutions. After one year we had processed over 10 billion payments. Our horizontally scalable infrastructure scaled to over 3,000 transactions per second. Upon demonstration of the commercial viability of our technology Ripple acquired us with the intent to open source our software and employ it in future partnerships and products.
Where is Strata Labs located?
Strata Labs lists 1 location.
Compare companies similar to Strata Labs
More companies in Technology, Information and Internet.
| Company | Industry | Employees | Founded | Headquarters |
|---|---|---|---|---|
Strata Labs stratalabs.io | Technology, Information and Internet | 2 | 2018 | San Francisco, CA |
 Flipkart Launchpad flipkart.com | Technology, Information and Internet | 95,089 | 2007 | Bangalore, Karnataka |
 SLB slb.com | Technology, Information and Internet | 81,202 | - | Houston, Texas |
 Mercado Livre Brasil mercadolivre.com | Technology, Information and Internet | 47,978 | 1999 | sao pablo, sao pablo |
 Swiggy swiggy.com | Technology, Information and Internet | 28,850 | - | Bengaluru, Karnataka |
 Myntra myntra.com | Technology, Information and Internet | 18,054 | 2007 | Bengaluru, Karnataka |
 YouTube youtube.com | Technology, Information and Internet | 123,199 | - | San Bruno, CA |
 InfoJobs infojobs.com.br | Technology, Information and Internet | 1,027 | 2004 | São Paulo, São paulo |
 Jobstreet Indonesia jobstreet.com | Technology, Information and Internet | 2,453 | 2006 | Jakarta Selatan, DKI Jakarta |
 Turing turing.com | Technology, Information and Internet | 7,034 | 2018 | San Francisco, California |
 Zomato zomato.com | Technology, Information and Internet | 26,139 | 2008 | Gurugram, Haryana, IN |
Frequently asked questions about Strata Labs
What does Strata Labs do?
Strata Labs built scalable payments technology supporting the interledger network and was acquired by Ripple in October of 2019. Passionate about creating a globally interoperable payments network our founders set out to demonstrate the feasibility of interledger, an open source protocol that facilitates instantaneous cross currency payments. Our team worked to lay the foundations of this network, expanding the number of interoperable currencies to include multiple decentralized (Bitcoin, Ethereum, XRP) and fiat (USD, EUR) currencies. To accelerate the growth of the network we developed a product that allowed depository financial institutions to access their payments data through a simple API while we managed the cloud infrastructure. Given the mission critical nature of payments infrastructure, we maintained our SLAs through employing state of the art cloud deployment tools like kubernetes. Our customer set included multiple depository financial institutions. After one year we had processed over 10 billion payments. Our horizontally scalable infrastructure scaled to over 3,000 transactions per second. Upon demonstration of the commercial viability of our technology Ripple acquired us with the intent to open source our software and employ it in future partnerships and products.
How many employees does Strata Labs have?
Strata Labs has around 2 employees on LinkedIn.
Where is Strata Labs headquartered?
Strata Labs is headquartered in San Francisco, CA.
When was Strata Labs founded?
Strata Labs was founded in 2018.
Build a lead list from companies like Strata Labs
Describe your ICP or import a CSV. Warmrank finds matching companies, enriches contacts with verified emails, and tracks every lead.