InfStones Raises $33M in Series B Funding
- InfStones, a Palo Alto, CA-based blockchain infrastructure provider, raised $33M in Series B funding
- Backers included Susquehanna International Group (SIG), Dragonfly Capital, Qiming Venture Partners, DHVC, A&T, INCE Capital, and Value Internet Fund
- The company previously raised $12 million in seed and Series A financing, bringing the company’s total funding to $45 million
- The company intends to use the funds to triple its team from 30 to 90 globally distributed employees over the next year and expand support to more than 100 chains and protocols
- The company is dedicated to bringing down the barriers to connecting with the blockchain, allowing clients to build their applications on a large variety of blockchain networks
- The platform is launching a front-end user interface that lets clients deploy nodes within minutes
