• Sat, 07 Dec 2019, 04:01 AM
  • All times are UTC
  • Edition:
Copy link
Increase text size
Decrease text size
Link copied

Blockchain startup dfuse raises $3.5M, led by Multicoin Capital and Intel Capital

Image from dfuse

Thu, 27 Jun 2019, 04:19 am UTC

Blockchain data startup dfuse announced that it secured $3.5 million in an oversubscribed seed round, led by Multicoin Capital and Intel Capital.

According to its press release, dfuse will utilize the proceeds to develop its cross-blockchain technology platform and expand its engineering and customer success teams.

With the support of Multicoin Capital and Intel Capital, we’re thrilled to bring this buttery-smooth dev experience to the most promising blockchain ecosystems. We’ve assembled a team of voracious learners that has built and delivered a powerful platform that is still only scratching the surface of its capabilities,” Marc-Antoine Ross, CEO and co-founder of dfuse, said.

Founded in 2018, the Montreal-based company builds application programming interfaces (APIs) that overlay smart contract-enabled blockchain platforms including ethereum and EOS. It offers reliable Web3 data stack, with GraphQL, WebSocket, and REST APIs.

Currently, the company has four flagship products, including dfuse Stream, dfuse Lifecylce, dfuse Search, and dfuse On Demand Network that deliver real-time updates, submit irreversible transactions, search through blockchain databases, and dedicate on-demand blockchain ecosystems for developing, testing, and producing products.

BoxOne Ventures, Panache Ventures, and White Star Capital also participated in the funding round.

Meanwhile, CoinDesk reported that aside from EOS and ethereum, dfuse plans to expand its API products, with plans to include top blockchain platforms. It also revealed its upcoming partnership with security firm HackerOne for a data integrity bounty program.

The company has also recently formed a partnership with Obsidian Labs to offer EOS Studios, a graphical integrated development environment for decentralized applications on the EOSIO blockchain, to enhance developer tooling experience.

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
  • Bitcoin (BTC) $7,551.59 (+1.36%)
  • Ethereum (ETH) $149.18 (+0.08%)
  • XRP (XRP) $0.224600 (+0.84%)
  • Bitcoin Cash (BCH) $213.57 (-0.21%)
  • Litecoin (LTC) $45.63 (+0.87%)
  • Bitcoin (BTC) $7,551.59 (+1.36%)
Dec 6, 2019 (Friday)
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
Crypto Technicals: Major Cryptocurrency Daily Technical Outlook
Crypto Technicals: LTC/USD extends sideways, finds strong support at 42.45 (Trendline)
South Korean consortium to provide blockchain-based ID services via mobile app in 2020
Crypto Technicals: BCH/USD intraday bias turns slightly bullish, scope for test of 20-DMA (220.99)
Bitfury launches enterprise blockchain platform ‘Exonum Enterprise’
CULedger reveals an EFT payment solution for credit unions in collaboration with R3, Luxoft
Reserve Bank of India governor against the development of private digital currencies
Ripple asks court to dismiss XRP securities lawsuit in latest filing ahead of court meeting
Crypto Technicals: ETH/USD struggles to extend recovery, finds stiff resistance at 200H MA at 149.77
Blockchain firm Figure Technologies hits $1.2B valuation after closing $103M Series C round
Blockchain firm ChromaWay acquires Antler Interactive after setting up its gaming arm Chroma Studios
Galaxy Digital-backed Flipside Crypto hires Accenture Managing Director Matt Bridges as COO
Crypto Technicals: BTC/USD rangebound in the Asian session, struggles at 200H MA
Canadian mining firm goes belly up; Owes local, federal government hundreds of thousands
New crypto derivatives trading platform Phemex can manage 300,000 TPS, says core developer
Microsoft creates blockchain-based incentive scheme with Enjin to recognize active members of Azure community
Dec 5, 2019 (Thursday)
Dunamu’s crypto subsidiary DXM partners with Ledger to launch custody service for institutional clients
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
Crypto Technicals: Major Cryptocurrency Daily Technical Outlook
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.