commercial
Blockdaemon, a blockchain infrastructure firm, has raised a $207 million funding spherical that offers the agency a post-money valuation of $3.25 billion, based on a Wednesday afternoon announcement.
The latest fundraise comes a number of months after Blockdaemon raised $155 million in Sequence B funding in September; the deal at the moment garnered the agency a valuation of $1.26 billion.
Tiger International and Sapphire led the brand new spherical, with further help from SoftBank, Boldstart Ventures, Galaxy Digital, StepStone Group, Matrix Capital Administration, and Lerer Hippeau.
Earlier buyers embody Goldman Sachs, which participated in Blockdaemon’s $28 million Series A last summer. All informed, the corporate has raised practically $400 million for the reason that begin of final yr.
“Over the past 12 months Blockdaemon has seen huge development throughout all metrics and raised substantial capital to proceed bridging establishments onto protocols in a protected and safe method,” Blockdaemon’s CEO and founder Konstantin Richter mentioned in a press assertion. “We stay dedicated to main the best way to total community resilience and open supply tooling improvement as this discipline of innovation continues to vary the best way worth traverses the world.”
