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‘AWS for blockchain’ Alchemy boosts valuation to $3.5B with $250M raise

TechCrunch

Exactly six months after raising $80 million at a $505 million valuation, blockchain and Web3 development SaaS startup Alchemy has raised $250 million in a Series C funding round that values the company at $3.5 For one, it represents one of a16z’s largest Web3/blockchain investments to date. In June, the firm revealed its $2.2

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Blockchain infra startup Tenderly raises $40M after seeing 500% YoY revenue growth

TechCrunch

Tenderly, a startup that aims to make it easier for web3 developers “of all skill sets” to build blockchain products, has raised $40 million in a Series B round of funding – just months after closing on its Series A. It now covers a whole range of blockchains such as Ethereum, Avalanche, Fantom, Optimism and Arbitrum.

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Blockchain Network with Hyperledger Fabric:

CTO Universe Submitted Awards Articles

Rapid digitalization of the world and wide access to the Internet cause an immense growth of online participants in all areas of business and life. This is one of the reasons to implement the blockchain approach in order to keep data safe and fresh, while maintaining a record of its history.

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Alchemy raises $80M at a $505M valuation to be the ‘AWS for blockchain’

TechCrunch

Blockchain developer platform Alchemy announced today it has raised $80 million in a Series B round of funding led by Coatue and Addition, Lee Fixel’s new fund. TechCrunch talked with Alchemy co-founders Nikil Viswanathan (CEO) and Joe Lau (CTO) about the raise and their passion for the startup’s mission was clear. While in Web 2.0,

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Will blockchain revolutionize the Internet of Things?

CTOvision

Read why Megan Ray Nichols says that blockchain technology can be used to revolutionize the Internet of Things on Euro Scientist : Here is an interesting convergence no one is talking about – blockchain technology and Internet of Things.

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A Perfect Team: How Blockchain Can Drive the Internet of Things

CTOvision

Read why Anoop Nannra says that blockchain technology and Internet of Things can be a perfect mix for businesses on IOT Evolution World: It’s not surprising that emerging technologies like blockchain and the Internet of Things draw a great amount of interest among enterprises.

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Top 10 Ways Internet of Things and Blockchain Strengthen Supply Chains

CTOvision

Read Louis Columbus list the top 10 ways in which combining Internet of Things and Blockchain technology could strengthen enterprise supply chain on Business2Community : Combining blockchain’s distributed ledger framework with the Internet of Things’ (IoT) proven real-time monitoring and tracking capability is redefining supply chains.