QuickNode raises $60M series B round for Web3 adoption

  • QuickNode is a Web3 platform that develops tools and software solutions designed to accelerate blockchain adoption.
  • The company has raised $60 million in Series B funding in a round led by 10T Holdings.
  • QuickNode plans to use this funding to grow its team and expand its activities and tools.

QuickNode, a blockchain infrastructure provider helping power the Web3 ecosystem, has raised $60 million in Series B funding.

10T Holdings, a mid- to late-stage equity fund focused on digital assets, led the round, according to the details. blog post Published on Tuesday.

The funding round also had participants from Seven Seven Six, a venture capital fund co-founded by Alex Ohanian in 2020. Other investors backing QuickNode’s latest round include Tiger Global and QED Investors.

Our mission is to drive the growth of Web3

According to QuickNode, the funding will help spearhead further adoption of blockchain technology across the Web3 industry.

With this funding, we further cement our position as the highest performing blockchain development platform and accelerate our mission to support Web3 developers building the foundation of a decentralized and globally connected future.QuickNode Team I got it.

Founded in 2017, QuickNode continued to grow in 2022 despite a downturn in the broader cryptocurrency market that resulted in the collapse of some major crypto-focused companies.

After raising $35 million in Series A funding in October 2021, the blockchain platform has grown its team by 300% and expanded its user base by 400% in 2022. markets around the world.

“TThe Series B round, led by 10T, is an ideal opportunity to continue building and shipping useful, meaningful and innovative products that will provide sufficient nutrients for our trees and power the Internet for decades to come. gives you‘ said QuickNode co-founder Dmitry Shklovsky in a statement.

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