QuickNode Raises $60M in Series B Funding

QuickNode

QuickNode, a Miami, FL-based provider of an end-to-end development platform for Web3 builders, raised $60M in Series B funding.

The round, which valued QuickNode at $800M, was led by 10T Holdings with participation from Tiger Global, Seven Seven Six, Protocol Labs, and QED.

The company intends to use the funds for global expansion and for recruitment of talent across the globe, hosting community-driven events and workshops, and developing Web3 offerings such as QuickNode Marketplace.

Led by CEO Alex Nabutovsky, QuickNode is building the infrastructure to support the future of Web3. The company currently provides blockchain infrastructure on over 16 blockchains, including elastic APIs, analytics, and expert-crafted resources that enable a wide range of use cases — all backed by end-to-end support and world-class, SOC 2 certified security.

QuickNode has also expanded the team by hiring more than 90 new team members across eight countries.

Commenting on the news, Nabutovsky said: “The industry is about to enter its next era, and with this raise, we are preparing for mass adoption of blockchain technology in 2023 and throughout the rest of the decade. We are proud to help our customers scale to their full potential and move the industry forward

FinSMEs

24/01/2023