XTrace

Core Mission: “Never re-explain yourself again.” XTrace provides a portable, secure memory layer for AI agents, allowing them to retain context and personal history across different tools, models, and platforms.

The Problem: The “Context Gap”

Modern AI tools (like ChatGPT, Claude, and Cursor) are siloed. When you move from a coding IDE to a research agent, your project context, personal preferences, and past corrections are lost. This forces users to waste time re-onboarding their AI and creates fragmented knowledge bases.

The Solution: Portable & Private Memory

XTrace offers a Memory Hub—a decentralized, user-controlled vault that serves as a long-term “brain” for any AI agent connected to it.

Cross-Platform Portability: Your memory travels with you. An agent in VS Code can access the same context as an agent in your browser or Slack.
Privacy-First Design: Unlike standard RAG (Retrieval-Augmented Generation), XTrace uses Partial Homomorphic Encryption and Binary Embeddings. This allows AI agents to search and retrieve relevant memories while the data remains encrypted, ensuring no one—not even the infrastructure provider—can read your raw data.
Developer-First SDK: A production-ready infrastructure that allows developers to add persistent, private memory to their AI products with just a few lines of code.

Key Features

Encrypted Semantic Search: Retrieve context without decrypting sensitive data.
Reduced Token Costs: By providing precise, persistent memory, XTrace eliminates the need to re-upload large documents or repeat lengthy prompts.
Multi-Agent Collaboration: Enables different agents to work from a shared, encrypted knowledge pool for seamless hand-offs.

Company Snapshot (2025)

Funding: Raised $3.2M Seed Round (August 2025) led by Blockchain Builders Fund, with Draper Associates, Panga Capital, and WebWise Capital.
Leadership: Founded by Felix Meng (CEO); headquartered in San Francisco/Dover.
Ecosystem: Key partner in the NEAR AI and decentralized agent ecosystem; active in the “One Trillion Agents” initiative.
Status: Currently in Private Beta for enterprise teams and developers.