Home Blockchain Quicknode Raises $60 Million in Sequence B to 'Gas Blockchain Adoption' and Broaden Globally – Bitcoin Information – Bitcoin Information

Quicknode Raises $60 Million in Sequence B to 'Gas Blockchain Adoption' and Broaden Globally – Bitcoin Information – Bitcoin Information

6 min read
Comments Off on Quicknode Raises $60 Million in Sequence B to 'Gas Blockchain Adoption' and Broaden Globally – Bitcoin Information – Bitcoin Information
23

Web3 infrastructure agency Quicknode raised $60 million in a Sequence B funding spherical, in line with an announcement the corporate made on Tuesday. The capital injection brings the corporate’s post-valuation to $800 million, and Quicknode says the funds might be used to “additional gas blockchain adoption.”

Quicknode Goals to Streamline Web2 to Web3 Motion With $60 Million in Sequence B Funding Led by 10T Holdings

On Jan. 24, 2023, Quicknode revealed it has raised $60 million in a Sequence B funding spherical led by 10T Holdings. Different collaborating buyers within the spherical included QED, Tiger World, Alexis Ohanian’s Seven Seven Six, and Protocol Labs. “This newest spherical might be used to speed up the corporate’s world growth and additional empower the builders laying the groundwork for a decentralized, globally-connected future,” Quicknode’s announcement mentioned.

Quicknode additionally raised $35 million in a Sequence A in Oct. 2021. That spherical was led by Tiger World, and Seven Seven Six, Soma Capital, Arrington XRP Capital, Crossbeam, and Anthony Pompliano additionally participated. Quicknode claims to deal with “billions of blockchain calls day by day with 2X sooner response time than opponents.”

Quicknode opponents embody corporations like Kaleido, Alchemy, Blockcypher, Velas, and Infura. The corporate detailed on Tuesday that the funds might be used to “streamline the Web2 to Web3 motion at scale.” The corporate additionally plans to make new hires and develop Web3 choices for the Quicknode market. Regardless of the crypto winter, the corporate added that “QuickNode has seen outstanding development over the previous 12 months with its income rising greater than 300%.”

“At Quicknode, we firmly consider in Web3 as the way forward for the Web,” Alex Nabutovsky, CEO and co-founder of QuickNode mentioned in a press release. “Blockchain adoption and improvement proceed to extend year-over-year, and we count on continued momentum within the house. The business is about to enter its subsequent period, and with this increase, we’re getting ready for mass adoption of blockchain know-how in 2023 and all through the remainder of the last decade. We’re proud to assist our clients scale to their full potential and transfer the business ahead,” Nabutovsky added.

Tags on this story
$35 Million, $60 million, $800 million, 10T Holdings, Alchemy, Alexis Ohanian, Anthony Pompliano, Arrington XRP Capital, blockchain adoption, blockchain calls, BlockCypher, capital injection, Competitors, Crossbeam, crypto firm, Decentralized, Fundraise, global expansion, Infura, Kaleido, Oct 2021, post-valuation, Protocol Labs, QED, Quicknode, Quicknode fundraise, Series A, Series B funding round, Seven Seven Six, Seven Six, Soma Capital, streamline, Tiger Global, Velas, Web2 to Web3 movement, Web3, Web3 infrastructure firm

What do you consider Quicknode’s newest funding spherical? Share your ideas within the feedback beneath.

Jamie Redman

Jamie Redman is the Information Lead at Bitcoin.com Information and a monetary tech journalist dwelling in Florida. Redman has been an lively member of the cryptocurrency group since 2011. He has a ardour for Bitcoin, open-source code, and decentralized purposes. Since September 2015, Redman has written greater than 6,000 articles for Bitcoin.com Information concerning the disruptive protocols rising in the present day.




Picture Credit: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This text is for informational functions solely. It isn’t a direct provide or solicitation of a proposal to purchase or promote, or a suggestion or endorsement of any merchandise, companies, or corporations. Bitcoin.com doesn’t present funding, tax, authorized, or accounting recommendation. Neither the corporate nor the writer is accountable, immediately or not directly, for any harm or loss prompted or alleged to be brought on by or in reference to using or reliance on any content material, items or companies talked about on this article.

Learn disclaimer

Adblock test (Why?)




Source link

Load More Related Articles
Load More By admin
Load More In Blockchain
Comments are closed.

Check Also

Bitcoin Sellers Exhausted, Accumulators HODL The Line – Bitcoin Journal

The beneath is an excerpt from a latest version of Bitcoin Journal PRO, Bitcoin Journal…