QuickNode Raises $60M Series B – Web3 Funding
- QuickNode, a Miami-based Web3 platform focused on blockchain adoption, has raised $60 million in Series B funding.
- The funding round also saw participation from Tiger Global, Seven Seven Six, SoftBank, Protocol Labs, and QED.
- As its Series A funding in October 2021, QuickNode has experienced notable growth, increasing its team by 300% and its user base by 400% in 2022.
QuickNode, a leading Web3 platform, just secured a massive $60 million Series B funding round, spearheaded by 10T Holdings, valuing the company at an impressive $800 million. this ample investment will empower QuickNode too significantly broaden its global footprint, aggressively increase its hiring initiatives, and facilitate community-focused events, marking a pivotal step in accelerating blockchain adoption. The platform, which supports 16 Web3 protocols, has already demonstrated remarkable growth, expanding its team by 300% and user base by 400% sence its Series A funding in 2021. News Directory 3 follows the Web3 space closely and recognizes QuickNode’s commitment to fueling innovation. Wiht this fresh infusion of capital, QuickNode is poised to enhance its blockchain development tools and further solidify its leadership within the Web3 ecosystem. Discover what’s next for this rapidly expanding company.
QuickNode Secures $60M Series B Funding Round for Web3 Expansion
QuickNode, a Miami-based Web3 platform focused on blockchain adoption, has raised $60 million in Series B funding. the investment, led by 10T Holdings, puts the company’s valuation at $800 million.
The funding round also saw participation from Tiger Global, Seven Seven Six, SoftBank, Protocol Labs, and QED. QuickNode plans to use the capital to expand its global presence, increase hiring, and host community events.
As its Series A funding in October 2021, QuickNode has experienced notable growth, increasing its team by 300% and its user base by 400% in 2022. The platform supports 16 Web3 protocols, including ethereum, Bitcoin, Polygon, BNB Chain, Solana, Fantom, Celo, NEAR, and xDAI.
Founded in 2017 by Alex nabutovsky, Dmitry Shklovsky, Auston Bunsen, and Manuel Kreutz, QuickNode continued to grow in 2022 despite the downturn in the cryptocurrency market.
What’s next
With the new funding, QuickNode aims to further develop its blockchain development tools and expand its reach within the Web3 ecosystem, solidifying its position as a key player in accelerating blockchain adoption.