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Blockchain Development Platform QuickNode Raises $35M

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October 27, 2021
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Blockchain Development Platform QuickNode Raises $35M
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Blockchain growth platform QuickNode has raised $35 million in a Collection A funding spherical, the corporate mentioned Wednesday.

The spherical was led by Tiger International with participation from Alexis Ohanian’s Seven Seven Six, Soma Capital, Arrington XRP Capital, Crossbeam and Anthony Pompliano.

The Miami-based startup works to assist builders construct blockchain apps.

“This spherical is a significant milestone that helps us ship on our imaginative and prescient of development in Net 3 by way of higher infrastructure, improved tooling and larger accessibility throughout all blockchains,” QuickNode Vice President Amol Shah advised CoinDesk in an electronic mail.

The corporate mentioned it can use the brand new funds to develop its product choices and assist new chains, which it has achieved at a tempo of “about one per 30 days” since its $5.3 million seed round in March.

“The velocity at which the workforce integrates new blockchains – particularly non-EVM [Ethereum Virtual Machine] chains like Solana and Terra – is unimaginable, and serves as testomony to their familiarity with the wants of blockchain builders right now,” Arrington XRP Capital Associate Ninor Mansor advised CoinDesk.

Learn extra: Reddit’s Alexis Ohanian Leads $5.3M Round for Web 3 Startup QuickNode

QuickNode works with a wide selection of shoppers, starting from non-fungible token (NFT) platforms like Rarible to conventional monetary establishments, in keeping with the corporate.

“We’re excited to be a firsthand witness to QuickNode’s fast development, enabling extra people and companies to simply undertake blockchain know-how,” Ohanian mentioned in a press launch. “QuickNode is one more instance of Miami Tech excellence.”

Zack Seward contributed reporting.



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