Miami, Florida, January 24, 2023 — QuickNode, the highest performing end-to-end development platform for Web3 creators, announced on January 24 the closing of a $60 million Series B funding round led by 10T Holdings, LLC and with participation from Tiger Global, 776, Protocol Labs, and QED, among others. This latest round values ​​QuickNode at $800 million and will be used to accelerate the company’s global expansion and further empower builders laying the foundation for a globally connected, decentralized future.

Since its founding in 2017, QuickNode has established itself as a leader for enterprises and innovators requiring purposeful blockchain development tools that consistently rank best-in-class for speed, reliability, and security, successfully handling billions of blockchain calls. daily with 2x faster response times. than the competition and 99.99% uptime across 16 chains and 33 networks. In addition, QuickNode’s easy-to-use interface and robust set of tools for multi-chain developers have made it the preferred choice of leading Web3 companies and major global brands.

Alex Nabutovsky, co-founder and CEO of QuickNode, commented on the announcement:

“At QuickNode, we strongly believe in Web3 as the future of the Internet. Blockchain adoption and development continues to increase year-over-year, and we look forward to continued momentum in the space.”

With this funding, QuickNode will help streamline the move from Web2 to Web3 at scale by providing developers with the education, performance, reliability, and deployability needed to onboard the next billion blockchain users. QuickNode also plans to double down on hiring the best minds from around the world, hosting community-driven events and workshops, and developing cutting-edge Web3 offerings like the QuickNode Marketplace.

Nabutovsky said:

“The industry is about to enter its next era, and with this surge, we are preparing for mass adoption of blockchain technology in 2023 and for the rest of the decade. We are proud to help our clients scale to their full potential and move the industry forward.”

Despite rough waters in the broader Web3 space in 2022, QuickNode has experienced remarkable growth over the past year, with revenue growth of over 300%. “Many of our customers have said it best: ‘In a bear market, we build,’ and we’re delighted with the adoption we’re seeing in QuickNode, especially in recent months,” said Nabutovsky.

This Series B funding round led by 10T Holdings, LLC comes just over a year after QuickNode announced a $35 million Series A funding round led by Tiger Global in October 2021. In that time, has increased its user base by over 400% and has expanded. your team by recruiting more than 90 new members in eight countries. QuickNode currently provides industry-leading blockchain infrastructure across 16+ blockchains, including elastic APIs, powerful analytics, and expertly crafted resources that enable a wide range of use cases, all backed by end-to-end support. and world-class SOC 2. certified security.

About QuickNode

QuickNode is building infrastructure to support the future of Web3. Since 2017, he has worked with hundreds of thousands of the best developers and companies, helping to scale DApps and providing high-performance access to more than 16 blockchains. For more information, visit www.quicknode.com.