All Updates

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Funding
SendBlocks raises USD 8.2 million in seed funding to support R&D and marketing efforts
Enterprise Blockchain Solutions
Jul 2, 2024
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Enterprise Blockchain Solutions

Enterprise Blockchain Solutions

Jul 2, 2024

SendBlocks raises USD 8.2 million in seed funding to support R&D and marketing efforts

Funding

  • SendBlocks, a blockchain data management platform, raised USD 8.2 million in a seed funding round led by Castle Island Ventures, with participation from Pitango, Illuminate Financial, Laser Digital (Nomura), and Starkware, among others.

  • The company plans to use the funding to grow its R&D team and scale its marketing and sales efforts.

  • SendBlocks offers a blockchain-based data management platform that enables enterprise development teams to access flexible historical data and fully personalized notifications. Users can create custom functions to scan for data across multiple blockchains, enrich data for insights, and connect that data to their application's back-ends via webhooks. Moreover, the platform enables users to save large numbers of API queries on-chain to reduce time spent on back-end and database-indexing efforts.

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