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Alchemy raises $80M at a $505M valuation to be the 'AWS for blockchain' – TechCrunch


Alchemy raises $80M at a $505M valuation to be the ‘AWS for blockchain’
Blockchain developer platform Alchemy announced today it has raised $80 million in a Series B round of funding led by Coatue and Addition, Lee Fixel’s new fund. The company previously raised a total of $15.5 million, so the latest financing brings its total raised to $95.5 million since it launched in 2017.
The latest round caught our attention for a few reasons.
First, the company, which describes itself as the backend technology behind the blockchain industry, went from public launch to a $505 million valuation in a matter of just eight months. During that time, Alchemy says it powered more than $30 billion in transactions for tens of millions of users all over the world. Second, the startup says it is also already powering the majority of the NFT industry. ....

Stanford University , United States , New York , San Francisco , Nikil Viswanathan , Paul Veradittakit , Jerry Yang , Jared Leto , Reid Hoffman , Johnl Hennessy , Lee Fixel , Emilie Choi , Amazon Web Services , Charles Schwab , Tampa Bay Buccaneers , Manchester United , Pantera Capital , Stanford University President John , Joe Lau , Nifty Gateway , Coinbase President , ஸ்டான்போர்ட் பல்கலைக்கழகம் , ஒன்றுபட்டது மாநிலங்களில் , புதியது யார்க் , சான் பிரான்சிஸ்கோ , நிகில் விஸ்வநாதன் ,