Cointime

Download App
iOS & Android

Auradine Raises $80M in Series B Funding for Blockchain, Security, and AI Web Infrastructure Solutions

Santa Clara-based Auradine has secured $80m in Series B funding from investors including StepStone Group, Top Tier Capital Partners, MVP Ventures and Maverick Capital. Existing investors Celesta Capital, Mayfield Fund and Marathon Digital also participated. The company, which provides web infrastructure solutions including blockchain, security and AI, will use the funds to scale Teraflux revenues and enhance R&D for its portfolio of blockchain and AI security solutions. Auradine's Teraflux family of Bitcoin ASIC Miners has been shipped to over 30 data-center-scale miners, achieving bookings of $80m along with an order pipeline of over $200m.

Comments

All Comments

Recommended for you

  • How to Raise the Gas Limit, Part 2: History Growth

    History growth is currently the biggest bottleneck for scaling Ethereum. Somewhat unexpectedly, history growth has become a much larger problem than state growth. Within a couple years, history data will exceed the storage capacity of many Ethereum nodes.
  • Introducing the crvUSD MetaMorpho Vault

    A vault to borrow crvUSD against Convex-wrapped TriCrypto LPs, curated by Llama Risk
  • Crypto startup Lagrange Labs raises $13.2 million

    Peter Thiel's Founders Fund led a seed funding round of $13.2 million for the cryptocurrency startup Lagrange Labs. In addition to Founders Fund, the seed funding for Lagrange also included participation from Archetype Ventures, 1kx, Maven11, Fenbushi Capital, Volt Capital, CMT Digital, Mantle, and Ecosystem.
  • Arbelos, a primary market trader in cryptocurrencies, has raised $28 million in funding, led by Dragonfly

    Arbelos completed a funding round of $28 million, led by Dragonfly with participation from FalcolnX, Circle, Paxos, Polygon, and Deribit. Arbelos Markets will primarily focus on derivatives and over-the-counter trading for institutional participants, providing trading liquidity for companies such as hedge funds and venture capital firms as counterparties for popular products such as options and futures.
  • British neobank Monzo raises $190 million, led by Hedosophia and CapitalG

    Monzo, a new bank in the UK, has raised $190 million in funding with Hedosophia and CapitalG (Alphabet's independent growth fund) leading the way. This latest funding round brings Monzo's total funding for the year to $610 million, with a post-funding valuation of $5.2 billion. Monzo CEO and co-founder TS Anil stated that the plan is to use this cash to create new products and accelerate international expansion plans.
  • Lava Foundation Completes $11 Million Funding

    Lava Foundation, the developer of modular blockchain network Lava, announced the completion of a $11 million financing round. Participants included Animoca Brands, Gate.io Ventures, CoinGecko Ventures, Polygon co-founder Sandeep Nailwal, Ash Crypto, CryptoLark, and media outlets Crypto Times Japan, Le Journal Du Coin and The Rollup. It is reported that the mainnet launch and airdrop are expected to take place in the coming months.
  • Bitcoin second-layer network ZKM completes $5 million Pre-A financing, led by OKX Ventures

    According to The Block, Bitcoin layer-two network ZKM announced the completion of a $5 million Pre-A financing, led by OKX Ventures, with participation from Amber, Metis Foundation, Crypto.com, and other companies. It is reported that ZKM is a zero-knowledge proof-based network aimed at unifying blockchains and creating a settlement layer on Ethereum.
  • What would happen if Mr Beast launched a $BEAST token?

    Hypercharging online brands with community tokens
  • The Most Important Chart in the World

    The barbarous relic is showing signs of life as the US is embarking on unsustainable fiscal deficits
  • Mayday

    Some of you degens were screaming “Mayday” as you watched crypto markets puke from mid-April until the present. There was so much pain that momentum-chasing paper hands like Irene Zhao proclaimed that they were “done” with crypto. As if – she will dutifully return posting crypto thirst traps once Bitcoin is back trending up and to the right in short order.