QuickNode raises $35 million in Series A as blockchain infrastructure provider for enterprises

QuickNode, a provider of blockchain infrastructure for enterprises, raised $35 million following a Series A round.

The funding round was led by Tiger Global. It also included Soma Capital, Arrington XRP Capital, Crossbeam, Seven Seven Six, Alexis Ohanian and Anthony Pompliano.

Total funding raised reached $45 million.

The funding will be used to broaden the product lineup and add support for new networks.

Currently, QuickNode supports Bitcoin, Ethereum, Solana, xDai, Matic/Polygon, Binance Smart Chain, Terra, Celo, Fantom and Optimistic Ethereum.

QuickNode simplifies for companies and developers the setup and integration with blockchain infrastructure. The startup makes the process cheaper and faster, reducing it to a matter of minutes.

“Blockchain and cryptocurrencies ‘are devouring the world’. Companies across all verticals are considering implementing software with blockchain support in 2022 and beyond,” said Alex Nabutovsky, co-founder of QuickNode.

According to the press release, the firm processes more than 2 billion requests daily from 20,000 developers in more than 15 regions worldwide. Among its clients are wallet builders, NFT marketplaces, and digital asset managers.

Earlier in September, Blockdaemon attracted $155 million from SoftBank through Vision Fund 2 and other investors.

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