R3

History

YearDetail
2014 David E. Rutter, Todd McDonald, and Jesse Edwards founded R3 in 2014. It started as a collection of nine banks committed to leveraging Distributed Ledger Technology (DLT). 
2015 R3 evolved from a consortium to an enterprise software and services firm.
2016 Launched the world's first permissioned open-source Distributed Ledger Technology (DLT) platform.
2017 The company has raised $120+ million Series A was led by 40 global institutions. Largest ever USD investment for DLT at the time.
2018 Launched the Enterprise Edition of Corda with mission-critical features for production.
2021 R3 acquired a tokenization specialist firm to strengthen digital currency capabilities.
2023 The company has launched the next generation of Corda (Corda 5).
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