Third-party layoffs tracker lists Protocol Labs as having a 21% workforce reduction affecting 89 employees in February 2023.
SourceProtocol Labs makes internet protocols: IPFS, Filecoin, and more.
Public company, workplace, funding, and market signals
Protocol Labs is an innovation network founded in 2014 that drives breakthroughs in computing by connecting a distributed ecosystem of teams, projects, funds, and service providers across web3, AI, AR/VR, BCI, hardware, and related frontier technologies. Its core legacy projects include IPFS, Filecoin, and libp2p, and it now organizes work across research, venture, and network/platform support arms.
Primary product
An innovation network and R&D ecosystem centered on IPFS, Filecoin, libp2p, and related frontier computing projects.
Founded
2014
Headquarters
San Francisco, California, United States
Team size
60-70
Work style
Remote
Industry
Software Development
Sub-industry
Open-source research, development, and deployment laboratory
0 jobs at Protocol Labs
Check back later for new openings
Business model
Stage
Later Stage VC
Total raised
$204M
Latest round
Series D · Aug 2017
Leadership
Founder and CEO
Evan Miyazono
Research Team Lead
Marvin Ammori
Executive
Molly Mackinlay
Head of Engineering, Product, & Research Development
Marta Belcher
General Counsel & Head of Policy
Michael Stachiw
Deputy General Counsel
Victoria DeVesty
COO, Polaris
David Dao
Co-Lead, PL R&D
Ruben Amenyogbo
General Partner - PL Infra
ZX Z.
CryptoEconLab Lead & Ecosystem Collabs
Open-source, distributed, asynchronous, and mission-driven. Many teams are fully distributed, collaborate in the open, and gather periodically for community events such as Lab Weeks.
Work style
Remote
Compensation
No public compensation policy or company-wide salary information was found in the provided evidence; some job postings from third-party sources suggest remote software roles with salary bands, but no official compensation summary is disclosed.
Pricing
Mixed model: open-source ecosystem support plus venture investment, grants, and shared network services; no public standardized product pricing disclosed.
Differentiators
Technology
Customers
Competitors
Estimated revenue
$10M-$50M
Third-party layoffs tracker lists Protocol Labs as having a 21% workforce reduction affecting 89 employees in February 2023.
SourceA research-facing funding round entry shows a $2.5M venture round led by Vault17Q, but the provided evidence is limited and does not include a corresponding official announcement or full transaction context.
SourceProtocol Labs announced or highlighted a Juan Benet Podcast and other recent platform content, indicating ongoing activity rather than distress.
SourceProtocol Labs · Jun 2026
The homepage describes Protocol Labs as an innovation network with 750+ startups, funds, accelerators, foundations, open-source projects, and service providers.
Protocol Labs · Apr 2026
The blog index highlights recent Protocol Labs content and ongoing ecosystem activity, including a Juan Benet Podcast and hackathon-related posts.
Protocol Labs · Oct 2023
Juan Benet describes the shift from a single R&D company to an innovation network model and explains the network structure and capital model.
Protocol Labs · Oct 2022
Protocol Labs described its accelerator and funding programs, noting 25+ programs with 18 accelerator partners.
Protocol Labs Research · Aug 2022
PL Research announced 11 awards in 2022 and directed applicants to grants.protocol.ai and research-grants@protocol.ai.