InfStones provides a node-as-a-service offering, which allows developers to build and deploy dApps on over 60 blockchains via APIs. It maintained over 10,000 nodes as of June 2022 and supported leading blockchains such as Ethereum, Polygon, and Solana.
The company also offers staking services for token holders and provides node management services for validators and enterprises. This includes 24/7 status monitoring and statistics and automatic upgrades.
Key customers and partnerships
InfStones announced its collaboration with Oracle in August 2022 to integrate its blockchain development platform on Oracle Cloud Infrastructure. Through the collaboration, InfStones aimed to reduce the barriers to entry for new entities wanting to incorporate blockchain technology by providing additional tools, security, and scalability through Oracle.
Funding and financials
In June 2022, InfStones raised USD 66 million in Series C funding co-led by SoftBank Vision Fund 2 and GGV Capital. The company aimed to use the funds for product development, recruitment, and market expansion.
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