Tiger Global Hong Kong city Venture business Web3 Funding Venture Capital Tiger Global Hong Kong city Venture

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

Reading now: 510
cointelegraph.com

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.

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.

Read more on cointelegraph.com
The website financemag.cash is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA