Profiling R3: Ground zero for 'Blockchain, not Bitcoin'

This is an introduction to R3, the first of a multi-part series exploring the enterprise software company.

Disclosure: The author of this report previously worked at ConsenSys, which owns business lines that compete against R3.

Founded in 2014, R3 is a software company focused on developing distributed ledger solutions for enterprise. Considered ground zero for the "Blockchain, not Bitcoin" narrative, the firm has leveraged the hype and promise of "blockchain" to raise more than $120 million to develop its core DLT platform Corda and build a broad ecosystem of more than 200 partners across industries.