Web3 infrastructure company BlockJoy has completed nearly $11 million in seed and Series A funding, with participation from Tribe Capital and others

2023-02-03 08:44:46

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ChainCatcher news, Web3 infrastructure company BlockJoy announced the completion of nearly $11 million in seed and Series A funding, with participation from Gradient Ventures, Draper Dragon, Active Capital, Borderless Capital, Tribe Capital, Bessemer, Renegade Ventures, and others. The new funds will be used to help launch its patented blockchain node management software.

According to the introduction, BlockJoy enables customers to deploy and operate decentralized blockchain nodes on any infrastructure while maintaining a cloud-like experience, reducing costs by up to 80% compared to traditional cloud providers. Within six months of its launch, the platform has already operated over 1,200 validators for Helium, recently launched a beta version supporting Ethereum and Helium, and plans to support more new protocols after completing public beta testing in the coming weeks. (source link)

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