NFT auction marketplace
OpenSea is now a Unicorn. The platform that witnessed massive traction earlier this year raised $100 million in a Series B round led by Andreessen Horowitz at $1.5 billion, as per a TechCrunch report.
The startup, which raised $23 million in Series in March this year, witnessed investors such as Coatue, CAA, Michael Ovitz, Kevin Hartz, Kevin Durant, and Ashton Kutcher in the fresh round.
As per the TechCrunch report, OpenSea saw $160 million in sales last month and is growing fast despite challenges. One of the company’s clearer growth roadblocks has been infrastructure issues native to the Ethereum blockchain-based marketplace.