Blockchain Hub QuickNode Raises $60M at $800M Valuation
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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.

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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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