News
Blockchain Infrastructure Provider QuickNode Hits $800M Valuation

Blockchain Infrastructure Provider QuickNode Hits $800M Valuation

Blockchain infrastructure provider QuickNode has just raised $60 million in a Series B funding round and reached a $800 million valuation.

According to reports, the funding round has seen the participation of 10T Holdings, which has led the fundraising, as well as Seven Seven Six led by Alexis Ohanian, Tiger Global, Protocol Labs and other venture capital companies.

Alex Nabutovsky, CEO and co-founder of the company, has said that this Series B round started in September and ended in December 2022.

He has explained:

“QuickNode had two record quarters in 2022 – third and fourth. We’ve had incredible demand and growth. Our revenue has increased by more than 300% over the past year.”

Tags :