Cubist Raises $7M in Seed Funding

Cubist

Cubist, a New York-based security-focused Web3 dev tools provider, raised $7M in Seed funding.

The round was led by Polychain Capital, with participation from dao5, Amplify Partners, Polygon, Blizzard, and Axelar.

The company intends to use the funds to expand its team, accelerate its product development, and scale its technological capabilities.

Led by CEO Riad Wahby, and COO Ann Stefan, Cubist is a Web3 infrastructure provider creating secure-by-design tools that enable developers to safely build, test, and deploy dApps at scale. The company helps Web3 dApp engineers manage their development, testing, deployment, and upgrade workflows in custom, security-focused CI/CD pipelines. Through its modular set of security-focused dev tools, Cubist brings software engineering best practices to the entire lifecycle of a dApp—from Continuous Integration (CI) testing to push-button deployment backed by secure credential management. This tooling empowers developers to design the best applications without needing to navigate complex interfaces and infrastructure.

Cubist’s first offering is its newly released, open-source software development kit (SDK), which is designed for multi- and cross-chain development and testing. The SDK allows users to write cross-chain dApps as if they run on a single chain, and change chains or bridge providers with a single line of configuration. The team, which is also building enterprise security offerings, includes:

  • Riad Wahby, PhD, Co-Founder and Chief Executive Officer, who also serves as an Assistant Professor of Electrical and Computer Engineering at Carnegie Mellon University;
  • Ann Stefan, Co-Founder and Chief Operating Officer;
  • Fraser Brown, PhD, Co-Founder and Chief Technology Officer, who also serves as an Assistant Professor of Computer Science at Carnegie Mellon University;
  • Deian Stefan, PhD, Co-Founder and Chief Scientist, who also serves as an Associate Professor of Computer Science and Engineering at UC San Diego;
  • John Renner, PhD, Founding Engineer;
  • Aleksandar Milicevic, PhD, Founding Engineer; and
  • Andres Nötzli, PhD, Founding Engineer.

FinSMEs

10/03/2023