Blockdaemon, a leading blockchain infrastructure platform, announced today it has closed a USD $28 million Series A funding round. The round was led by Greenspring Associates; with participation from Goldman Sachs, BlockFi, Warburg Serres, Uphold, Voyager Digital Ltd., Illuminate Financial, and Hard Yaka. Existing seed round investors Boldstart Ventures, Coinfund, Kenetic, CoinShares, Borderless Capital, Blockchain.com Ventures, Lerer Hippeau, and Heavybit also increased their investments.
Growth
The platform has now deployed more than 10,000 nodes across 40 blockchain networks and 20 global regions. Blockdaemon has also increased its headcount over the past 12 months, including its executive talent with the appointment of Cecily Mak as Chief Operating Officer and Demetrios Skalkotos as Global Senior Vice President of Sales. Following this round, Blockdaemon will further grow its global headcount.
Blockchain Infrastructure Layer
Blockdaemon’s infrastructure enables users to stake and deploy nodes with institutional-grade security, scalability, and reliability. The platform now supports over 40 blockchain networks including ETH 2.0, Bitcoin, Cardano, Polkadot, Cosmos, SKALE, MobileCoin, and the Lightning Network in the cloud and on-premise through the Blockdaemon Marketplace. Besides, Blockdaemon offers access to blockchain infrastructure for a variety of market participants. The platform is utilized across the blockchain ecosystem including by leading networks, exchanges, enterprises, custodians, developers, and funds.
“This funding represents a significant milestone for Blockdaemon. With investment from industry-leading financial technology providers and VC firms, this round will enable us to further expand our node infrastructure services, add to our growing team, and strengthen our presence in emerging markets across the globe while deepening our existing strategic relationships with global financial institutions. As the trusted gateway to the blockchain industry for financial institutions of all sizes, Blockdaemon simplifies the complicated, time-consuming, and costly node management process by providing enterprises with the best-fit node configurations that allow them to rapidly scale up operations.”
– Konstantin Richter, CEO and Founder of Blockdaemon
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