QuickNode Inc., a Blockchain infrastructure and end-to-end development platform for Web3 developers, announced that it has raised USD 60 million in new funding led by 10T Holdings to expand its capabilities and hire additional developers.
Additional investors in the Series B funding round included QED, Tiger Global, Seven Seven Six, and Protocol Labs. The funding round, which was led by Tiger Global and comes just over a year after QuickNode raised USD 35 million in Series A funding in late 2021, raises the company’s valuation to USD 800 million.
The business’s platform gives programmers the resources and infrastructure they need to introduce Web3 apps, or decentralized applications, on Blockchain networks.
Read More: Web3 developer platform QuickNode raises $60M led by 10T Holdings
