Infrastructure platform Quicknode raises $35M in Series A financing

189
SHARES
1.5k
VIEWS

Related articles



Quicknode, a Miami based mostly blockchain infrastructure platform, introduced the completion of a $35 million Sequence A spherical of financing on Wednesday, led by Enterprise Capital agency Tiger International. Seven Seven Six, Soma Capital, Arrington XRP Capital, Crossbeam and Anthony Pompliano additionally participated within the spherical. This follows a $5.3 million seed spherical again in March, and brings the overall funding within the firm to simply north of $45 Million. 

Quicknode was based by Dmitry Shklovsky, Manuel Kreutz, Auston Bunsen and Alexander Nabutovsky and graduated from Y Combinator in March of 2021. The platform presently helps ten blockchains, together with ethereum, bitcoin and solana with extra being added month-to-month. Reddit co-founder Alex Ohanian who invested within the spherical by means of his fund, mentioned in a press launch:

“We’re excited to be a firsthand witness to QuickNode’s fast development, enabling extra people and companies to simply undertake blockchain expertise. QuickNode is one more instance of Miami Tech excellence.”

Over the previous couple of years, Miami has emerged as a significant hub within the cryptosphere, with it’s Mayor Francis Suarez even unveiling a proposal to pay metropolis employees in bitcoin. YCombinator tweeted it’s congratulations as effectively, noting that the corporate’s purchasers now embrace business giants Paypal and Coinbase. Tiger International deal companion John Curtius wrote in a press launch printed by Quicknode:

“QuickNode’s management in multi-chain assist and imaginative and prescient to be the primary supplier of blockchain infrastructure will assist companies construct on trusted, low-latency, globally accessible infrastructure to serve billions of individuals over the following 5-10 years.”

Tiger International has contributed to a hefty variety of blockchain-based platforms and providers within the final 12 months. Cointelegraph reported earlier this month that the corporate participated a $298M spherical for monetary charting supplier, Buying and selling View. Previous to that, they led a $24M funding spherical for safety platform CertiK again in August of this 12 months. Different crypto investments in its portfolio include the FalconX crypto change, infrastructure provider MoonPay, and $25B powerhouse FTX.