Rivet, a Lenexa, KS-based Ethereum infrastructure service built on open-source technology, raised $1.5m in funding.
Digital Finance Group, a global blockchain and cryptocurrency investment firm, led the round.
The company intends to use the funds to grow the team, develop its product, and enable it to provide more services for its users.
Led by Austin Roberts, CEO, Rivet serves as a bridge toward web 3.0 and provides the infrastructure that developers need to leverage DeFi to a more advanced level. The open-source service interacts with smart contracts on the Ethereum blockchain. The company offers a privacy-first node service, gathering minimal data without selling it or sharing it with third parties.