Tech Company Financing Transactions
Offchain Labs Funding Round
Pantera Capital and private investors invested in a $3.7 million Seed funding round for Offchain Labs. This venture round was announced on 4/9/2019.
Transaction Overview
Company Name
Announced On
4/9/2019
Transaction Type
Venture Equity
Amount
$3,700,000
Round
Seed
Investors
Pantera Capital (Lead Investor) (Joey Krug)
Proceeds Purpose
The funding will be used to grow the team of developers to build Arbitrum.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
252 Nassau St.
Princeton, NJ 08542
USA
Princeton, NJ 08542
USA
Phone
Undisclosed
Website
Email Address
Overview
Offchain Labs, Inc. is a New York based startup, building the Arbitrum platform to unlock the full potential of smart contracts, making them private and cheap without requiring any extra work from contract developers. Their working prototype of Arbitrum runs on top of Ethereum, and interoperates with native Ethereum contracts and tokens.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Steven Goldfeder
Chief Scientific Officer
Ed Felten
Chief Technical Officer
Harry Kalodner
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