Quicknode Infrastructure Platform Raises $ 35 Million in Series A Funding


Quicknode, a Miami-based blockchain infrastructure platform, announced on Wednesday the completion of a $ 35 million Series A funding round, led by venture capital firm Tiger Global. Seven Seven Six, Soma Capital, Arrington XRP Capital, Crossbeam and Anthony Pompliano also participated in the round. This follows a round of funding of $ 5.3 million in March and brings the total investment in the company to just over $ 45 million.

Quicknode was founded by Dmitry Shklovsky, Manuel Kreutz, Auston Bunsen and Alexander Nabutovsky and graduated from Y Combinator in March 2021. The platform currently supports ten blockchains, including Ethereum, Bitcoin and Solana, others being added each month. Reddit co-founder Alex Ohanian, who invested in the tour through his fund, said in a press release:

“We are excited to witness firsthand the rapid growth of QuickNode, making it easy for more individuals and businesses to adopt blockchain technology. QuickNode is another example of Miami Tech’s excellence.

In recent years, Miami has emerged as a major hub in the cryptosphere, with its mayor Francis Suarez even unveiling a proposal to pay the city’s workers in bitcoin. YCombinator also tweeted congratulations, noting that the company’s customers now include industry giants Paypal and Coinbase. Tiger Global partner John Curtius wrote in a press release released by Quicknode:

“QuickNode’s leadership in multi-chain support and its vision to be the number one blockchain infrastructure provider will help businesses rely on reliable, low-latency, and globally available infrastructure to serve customers. billion people over the next 5-10 years. “

Tiger Global has contributed to a large number of blockchain-based platforms and services over the past year. Cointelegraph reported earlier this month that the company participated in a $ 298 million funding round for financial charts provider Trading View. Previously, they had led a $ 24 million fundraiser for the CertiK security platform in August of this year. Other crypto investments in his portfolio include crypto exchange FalconX, infrastructure provider MoonPay, and $ 25 billion powerhouse FTX.

Source link

Leave A Reply

Your email address will not be published.