Scale3 Labs Raises $5.3M in Seed Funding 

scale3

Scale3 Labs, a Palo Alto, CA-based web3 infrastructure company, raised $5.3M in seed funding.

The round was led by Redpoint Ventures, with participation from Mysten Labs and Howard University.

The company plans to use the funding to accelerate development for its suite of web3 tools for blockchain node and network telemetry.

Led by Ola Muse, CEO, and Karthik Kalyanaraman, CTO, Scale3 Labs is a web3 infrastructure company building developer tools, starting with the monitoring and observability tech stack for blockchain networks and nodes, using open source software. Its inaugural product, Autopilot, aims to simplify and automate the process of standing up, monitoring and upgrading blockchain nodes, assisting node operators to reduce the overall cost of operations. Autopilot leverages open source tooling to provide node operators with blockchain node and network telemetry, community intelligence, and ecosystem specific insights.

Beyond the data and analytics of running nodes, Scale3 is adding monitoring and observability layers via a dashboard that helps node operators to glean information regarding the blockchain community they work within as well as the tooling necessary to manage node upgrades seamlessly.

FinSMEs

07/10/2022