TEN (Obscuro Labs)
TEN (Obscuro Labs) is a London-based developer of TEN, an open-source Layer 2 rollup protocol that encrypts and scales the Ethereum network, targeting developers building privacy-preserving decentralized applications on Ethereum.
- Company typePrivate
- Founded2022
- HeadquartersLondon, United Kingdom
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
TEN (Obscuro Labs) firmographics
Firmographics- Name
- TEN (Obscuro Labs)
- Legal name
- ten.xyz
- Website
- https://ten.xyz
- Company type
- Private
- Founded year
- 2022
- Headcount range
- 11–50 employees
- Short description
- TEN (Obscuro Labs) is a London-based developer of TEN, an open-source Layer 2 rollup protocol that encrypts and scales the Ethereum network, targeting developers building privacy-preserving decentralized applications on Ethereum.
- Ownership category
- akta.pro rank
TEN (Obscuro Labs) industry classification
Industry- Product category
- Layer 2 Blockchain Infrastructure
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210)
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- Layer 1 Base Protocols & Consensus (execution, consensus, security, clients) (FSAPAAAA)
Keywords
Where TEN (Obscuro Labs) is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Markets served
TEN (Obscuro Labs) business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Infrastructure, Marketing or Sales, Operations
TEN (Obscuro Labs) product offering
Product offeringCore offering
Obscuro Labs develops TEN, an open-source Layer 2 rollup protocol that hyper-scales and encrypts Ethereum. The platform provides privacy-preserving, scalable execution layer for decentralized applications by leveraging encrypted transactions on top of Ethereum's base layer.
Differentiator
Problem solved
Functional benefit
Products and services
- TEN Layer 2 Rollup An open-source Layer 2 rollup protocol for Ethereum that provides encrypted, privacy-preserving transaction execution and scaling. Targeted at Web3 developers and decentralized application builders who require confidential on-chain computation.
Companies that use TEN (Obscuro Labs)
Customer profileIdeal customer profiles1 record
TEN (Obscuro Labs) technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
TEN (Obscuro Labs) competitors and assessment
Company assessmentDirect peers
- Aztec Network: Aztec is a privacy-focused Ethereum L2 using zero-knowledge proofs. It is the most directly comparable peer to TEN because both target encrypted/private execution on an Ethereum rollup architecture, addressing similar developer and institutional use cases.
- Polygon Labs (Polygon zkEVM / Polygon Miden): Polygon operates multiple Ethereum-compatible L2 scaling solutions, including ZK-based rollups. It competes with TEN for Ethereum L2 mindshare, developer tooling, and application deployments, though at much larger scale and without encryption as a core differentiator.
- Offchain Labs (Arbitrum): Arbitrum is the largest Ethereum optimistic rollup by TVL and developer activity. It is a direct competitor to TEN for general-purpose L2 workloads, ecosystem grants, and application migrations, though it does not prioritize on-chain privacy.
- Optimism: Optimism is a leading Ethereum L2 optimistic rollup and steward of the OP Stack. Like TEN, it is an Ethereum-equivalent execution environment, competing for developers and liquidity, though Optimism emphasizes the broader Superchain rather than privacy.
- Matter Labs (zkSync): zkSync is a ZK-rollup L2 for Ethereum offering low-cost execution and EVM compatibility. It competes with TEN on Ethereum scaling and developer experience, and overlaps in the ZK-based execution domain.
- StarkWare (Starknet): StarkWare develops Starknet, a validity-proven (ZK) L2 for Ethereum. It is comparable to TEN as a ZK-based Ethereum L2 targeting scalable execution, with overlapping competition for ZK developer talent and tooling.
- Scroll: Scroll is a ZK-rollup L2 aiming for native EVM equivalence on Ethereum. Comparable to TEN as an Ethereum-aligned L2 targeting developer portability and scaling, though without a privacy-centric design.
- Loopring: Loopring is a ZK-rollup protocol focused on payments and exchange functionality. It overlaps with TEN as an Ethereum L2 using ZK proofs, though Loopring targets DEX and payments rather than general encrypted computation.
Others
- R3 (Corda): R3 is the enterprise blockchain consortium that led TEN's largest funding round and shares a co-founder with TEN. While not an L2 competitor, R3 is relevant as an institutional partner and distribution channel for TEN's enterprise and capital-markets use cases.
Emerging players
- Oasis Network: Oasis is a privacy-enabled Layer 1 network with confidential smart contract execution. It is comparable to TEN as a privacy-focused blockchain infrastructure play, though it operates as a sovereign L1 rather than an Ethereum L2 rollup.
Market position
Customer concentration
TEN (Obscuro Labs) social profiles
Digital presenceTEN (Obscuro Labs) financial estimates
Financial estimateRevenue estimate
Valuation estimate
TEN (Obscuro Labs) leadership team
Management profileNumber of profiles
Profiles4 records
TEN (Obscuro Labs) funding detail
Funding detailFunding overview
Funding rounds5 records
Investors17 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
TEN (Obscuro Labs) M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about TEN (Obscuro Labs)
What does TEN (Obscuro Labs) do?
Obscuro Labs develops TEN, an open-source Layer 2 rollup protocol that hyper-scales and encrypts Ethereum. The platform provides privacy-preserving, scalable execution layer for decentralized applications by leveraging encrypted transactions on top of Ethereum's base layer.
When was TEN (Obscuro Labs) founded?
TEN (Obscuro Labs) was founded in 2022. It employs 11 to 50 people.
Where is TEN (Obscuro Labs) based?
TEN (Obscuro Labs) is headquartered in London, United Kingdom, in the Europe region.
Who are TEN (Obscuro Labs)'s main competitors?
Direct peers on record are Aztec Network, Polygon Labs (Polygon zkEVM / Polygon Miden), Offchain Labs (Arbitrum), Optimism, Matter Labs (zkSync), StarkWare (Starknet), Scroll and Loopring. R3 (Corda) is listed as an others. Oasis Network is listed as an emerging player.
Does TEN (Obscuro Labs) have an API?
No public API is recorded for TEN (Obscuro Labs).
What industry is TEN (Obscuro Labs) in?
TEN (Obscuro Labs)'s product category is Layer 2 Blockchain Infrastructure. Its primary akta.pro industry code is FSAPAAAA, Layer 1 Base Protocols & Consensus (execution, consensus, security, clients). Its NAICS code is 518210 and its SIC code is 7372.