In Brief:
- Quicknode has raised $35M in Series A funding led by Tiger Global
- The new fund will be utilized for growing the company’s services.
- The company supports 10 blockchains including Bitcoin, Ethereum, Solana etc.
The Blockchain Infrastructure platform QuickNode has raised $35M in Series A funding led by Tiger Global.
According to the announcement various other participants from Alexis Ohanian’s Seven Seven Six, Soma Capital, Arrington XRP Capital, Crossbeam and Anthony Pompliano.This follows a $5.3M seed round in March 2021, bringing the total capital raised over $45M.
The new funding will be utilized for growing the company services by allowing to support new chains and further expanding the product offering. Demand for QuickNode’s platform skyrocketed this year. The company is continuing to adopt blockchain as part of their product strategy.
Currently the company is supporting 10 blockchains. It includes Ethereum, Bitcoin, Solana, xDai, Matic/Polygon, Binance Smart Chain, Terra, Celo, Fantom, and Optimistic Ethereum. QuickNode services over 2 billion requests per day for a community of nearly 20k developers, with global multi-cloud presence in 15+ regions across 4 continents.
John Curtius, the partner leading the deal for Tiger Global said “QuickNode’s leadership in multi-chain support and vision to be the number one provider of blockchain infrastructure will help businesses build on trusted, low-latency, global available infrastructure to serve billions of people over the next 5-10 years.”
The co-founder of Reddit Alexis Ohanian commented “We’re excited to be a firsthand witness to QuickNode’s rapid growth, enabling more individuals and business to easily adopt blockchain technology, QuickNode is an another example of Miami Tech excellence.”