Saturday, July 27, 2024
HomeFunding NYC-based NodeOps Secures $5Million in Seed Funding

[Funding News] NYC-based NodeOps Secures $5Million in Seed Funding

NodeOps, a provider of a Blockchain node orchestration platform, secures $5million in seed funding. L1D led the round, in which Finality Capital, Blockchain Founders Fund, and other participants participated.

NodeOps, a provider of a Blockchain node orchestration platform, secures $5million in seed funding. L1D led the round, in which Finality Capital, Blockchain Founders Fund, and other participants participated.

Numerous institutional investors have also backed it, including Oakgrave Ventures, Double Peak Group, Momentum6, and Bitscale Capital. Angel investors that have supported it include Richard Ma (Quantsamp), JD Kanani (former co-founder of Polygon), Rushi (Movement Labs), and Dorothy (AltLayer).

With the money, the firm plans to expand its infrastructure to support additional protocols, grow its operations, and create incentive systems that will enable NodeOps engineers.

With its Actively Validated Services (AVS) atop EigenLayer, NodeOps, led by Naman Kabra, provides customers with a permissionless value capture engine that drives digital and physical infrastructures. The team’s speciality is making the Ethereum ecosystem safer and more transparent.

Read also – [Funding News] Newyork – based Braavo Capital Secures $5 Million in Series B Round Funding

NodeOps provides tools and products to make the ecosystem more transparent and safe. These include vulnerability trackers, monitoring, and NodePadTM, a simplified permissionless launchpad that enables customers to buy and deploy their nodes with a single click.

Since its founding, the business has made it possible for one-click node deployment across Blockchain infrastructures, facilitating the construction of over 17,000 nodes and currently supporting over 25 active chains.

About NodeOps

NodeOps offers AI-enabled infrastructure that is specially selected for Node Operators and developers, with the goal of streamlining Web3 protocol operations and development.

Their goal at NodeOps is to give developers and Node Operators the easiest possible starting point for utilising Web3 protocols. Additionally, it offers an on-chain incentive layer that promotes the recruitment of new developers and the onboarding of companies to certain L1s and L2s.

- Advertisement -
RELATED ARTICLES
- Advertisment -

Most Popular