Blockdaemon secures unicorn status with $155M raise
In the venture capital world, a privately-held startup company becomes a “unicorn” when its valuation exceeds $1 billion. Blockchain infrastructure developer Blockdaemon has secured its status as a crypto unicorn after concluding a $155 million Series B fundraiser, putting the company on track to expand its operational footprint in a significant way. With Series B now closed, Blockdaemon’s valuation has swelled to $1.255 billion, the company announced this week. To date, the company has raised just under $190 million, with the latest funding round led by the Softbank Vision Fund 2.....
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Blockdaemon, a blockchain infrastructure provider, has raised $155 million in its Series B funding round, which will aid its expansion plans to make acquisitions in the crypto infrastructure market. The funding round had the participation of Goldman Sachs, Softbank Vision Fund 2, Matrix Capital Management, Sapphire Ventures, and Morgan Creek Digital, among others.
Blockdaemon Raises $155 Million in Series B Funding Round
Blockdaemon, one of the leading node infrastructure providers, has raised $155 million in its latest Series B funding round. The company, which specializes in....
After securing $109 million in Series B funding spearheaded by Paradigm, non-custodial crypto wallet Phantom has bumped its valuation to $1.2 billion, bagging unicorn status, Tuesday. Paradigm CEO Brandon Millman said that the firm would utilize the funding to upgrade its cross-platform expansion, bring better user experience, and initiate app discovery to Phantom. As the […]