Infrastructure platform Quicknode raises $35M in Series A financing


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Infrastructure platform Quicknode raises $35M in Series A financing

Quicknode, a Miami primarily based blockchain infrastructure platform, introduced the completion of a $35 million Collection 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 entire 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 at present 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 via his fund, mentioned in a press launch:

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

Over the previous few years, Miami has emerged as a serious hub within the cryptosphere, with it’s Mayor Francis Suarez even unveiling a proposal to pay metropolis staff in bitcoin. YCombinator tweeted it’s congratulations as nicely, noting that the corporate’s purchasers now embody trade giants Paypal and Coinbase. Tiger International deal accomplice John Curtius wrote in a press launch printed by Quicknode:

“QuickNode’s management in multi-chain help and imaginative and prescient to be the primary supplier of blockchain infrastructure will assist companies construct on trusted, low-latency, globally out there 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 companies within the final yr. 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 yr. Different crypto investments in its portfolio include the FalconX crypto alternate, infrastructure provider MoonPay, and $25B powerhouse FTX.