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Home»Business»Crypto
Crypto

NodeOps Secures $5 Million in Funding to Revolutionize Node Infrastructure

May 28, 2024No Comments3 Mins Read
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NodeOps, a company focused on simplifying blockchain node deployment and management, has recently secured $5 million in seed funding. The funding round was led by L1D, with participation from other investors including Blockchain Founders Fund, Finality Capital, and Oakgrave Ventures. The company’s mission is to break down barriers for developers and node operators by providing them with the tools they need to succeed in the Ethereum ecosystem. This funding will help NodeOps enhance accessibility and efficiency in reliable infrastructure, supporting innovation and growth.

Angel investors in NodeOps include Richard Ma from Quantstamp, former Polygon co-founder JD Kanani, Rushi Manche from Movement Labs, and Dorothy Liu at AltLayer. With the goal of improving accessibility and efficiency in infrastructure, NodeOps plans to create a permissionless Node Orchestration Layer Enabling Value Capture Engine for the on-chain ecosystem. The company aims to expand operations to support even more protocols, with a focus on revolutionizing the node infrastructure landscape to make it more efficient and sustainable.

NodeOps is one of the early adopters of artificial intelligence as infrastructure for web3 protocols. As the first permissionless infrastructure marketplace on EigenLayer, the company aims to enhance AI, DePIN, and DeFi protocol infrastructure. The company’s co-founder, Naman Kabra, expressed excitement about the growth trajectory of NodeOps and the trust placed in them by investors. With this new capital, the company is poised to revolutionize the node infrastructure landscape, making it more efficient and sustainable.

The company plans to launch an AVS on EigenLayer to create a value capture engine for developers and node operators. By providing economic security and improving engagement and productivity within the ecosystem, NodeOps aims to help developers and node operators succeed in the blockchain space. The funding secured by NodeOps will enable the company to activate its next phase of growth and create innovative solutions that simplify node infrastructure management. With a strong focus on enhancing accessibility and efficiency in reliable infrastructure, NodeOps is dedicated to supporting innovation and growth within the blockchain ecosystem.

Overall, NodeOps is focused on advancing node services for developers and node operators by providing them with the tools they need to succeed in the blockchain space. The company’s mission to break down barriers and improve accessibility and efficiency in infrastructure aligns with the goal of supporting innovation and growth within the ecosystem. With the recent funding round led by L1D and other investors, NodeOps is well-positioned to revolutionize the node infrastructure landscape and create innovative solutions that enhance the blockchain ecosystem.

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