BlockJoy Secures Nearly $11M in Seed + Series A Funding

BlockJoy

BlockJoy, a Boston, MA-based provider of a whitelabel blockchain nodes-as-a-service for node hosting enterprises, raised nearly $11M in Seed + Series A funding.

The round was led by Gradient Ventures, Draper Dragon, and Active Capital.

The company intends to use the funds to launch of BlockVisor, its patented node management software, which is now open for beta sign-ups.

Led by CEO Chris Bruce, BlockJoy leverages node management software to allow enterprises to deploy and manage blockchains, nodes, validators and ETLs (extract, transform, load) anywhere in the world. Six months into its launch, BlockJoy was running 1,200 validators for the Helium Network.

Alongside Helium, BlockJoy’s customers include Binance, Crypto.com, Indodax, Seeed Studio, and Gate.io. BlockJoy is quickly onboarding new chains including Ethereum 2, Cosmos, Polygon, Solana, Algorand, and Avalanche.

FinSMEs

03/02/202