Blockchain developer QuickNode raises $60M at $800M valuation

Blockchain developer QuickNode raises $60M at $800M valuation


Blockchain development platform QuickNode has closed a $60 million funding round as part of a global expansion intended to onboard more users and developers to Web3 applications. 

The Series B raise, which valued QuickNode at $800 million, was led by venture capital firm 10T Fund, with participation from Tiger Global, Seven Seven Six and QED, the company announced on Jan. 24.

QuickNode’s management said the capital would fund its global expansion and streamline the transition to Web3 “at scale,” which includes providing developers with the deployability required to onboard new blockchain users.

Trending: BREAKING: Brunson Brothers Case Is Back On!

The Series B was the company’s most significant funding round since October 2021, when it raised $35 million as a seven-month-old startup. Between raises, QuickNode claims to have increased its user base by over 400%.

Continue reading


 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!

Daily Truth Report • DailyTruthReport.com
Thanks for sharing!
Send this to a friend