Blockchain infrastructure provider QuickNode has closed a Series B round, raising $60 million at an $800 million valuation.
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The round was led by 10T Holdings alongside other investors such as Tiger Global, Seven Seven Six, Protocol Labs, QED and others, the company said in a press release.
Founded in 2017, QuickNode offers blockchain services to a variety of customers such as Coinbase, Twitter, Adobe, OpenSea and others. QuickNode Co-Founder, Alex Nabutovsky, said in a commentary to TechCrunch that in addition 16 blockchains, including Bitcoin, the company plans to add another four to five chains by the end of 2023.
The funding proceeds will be used to accelerate QuickNode's expansion. The company also plans to hire more staff as it currently has 120 employees.
In October 2021, QuickNode raised $35 million in a Series A funding round led by Tiger Global. Back then, the company also attracted fresh capital from as Alexis Ohanian's Seven Seven Six, Soma Capital, Arrington XRP Capital, Crossbeam and Anthony Pompliano.
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