Offchain Labs is a New York based company that is building a suite of scaling solutions for Ethereum. Their mission is to make the Ethereum network faster, more scalable, and easier to use. Offchain's products include State Channels and Plasma Cash. State Channels allow transactions to be processed off-chain, which speeds up the network and reduces fees. Plasma Cash is a new way of storing data on the blockchain that makes it much faster and cheaper to use. Together, these products will make Ether capital into a viable platform for mainstream applications.