Tech Company Financing Transactions

Puffer Finance Funding Round

Puffer Finance closed a $5.5 million Seed funding round on 8/8/2023. Investors included Lemniscap, 33DAO and Animoca Ventures.

Transaction Overview

Company Name
Announced On
8/8/2023
Transaction Type
Venture Equity
Amount
$5,500,000
Round
Seed
Proceeds Purpose
The company intends to use the funds to accelerate the development of its open-source Secure-Signer solution for the public good, and to create a capital-efficient permissionless staking pool.

Company Information

Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Undisclosed
San Francisco, CA Undisclosed
USA
Phone
Undisclosed
Email Address
Overview
Puffer is defining a new industry standard for secure validator operations with the primary objective of preserving decentralization. Puffer's Anti-Slashing technologies are designed to minimize the chance of slashing events. Our Secure-Signer technology is released as a public good to help protect solo stakers and the wider staking industry from correlated slashing penalties. Our Secure-Aggregator technology provides the foundation to build a secure, scalable, and performant liquid staking protocol. Allowing permissionless and capital-efficient Node Operator (NoOp) participation allows anyone to join the PufferPool to help preserve Ethereum's decentralization.
Profile
Puffer Finance LinkedIn Company Profile
Social Media
Puffer Finance Company Twitter Account
Company News
Puffer Finance News
Facebook
Puffer Finance on Facebook
YouTube
Puffer Finance on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Amir Forouzani
  Amir Forouzani LinkedIn Profile  Amir Forouzani Twitter Account  Amir Forouzani News  Amir Forouzani on Facebook
Chief Technical Officer
Jason Vranek
  Jason Vranek LinkedIn Profile  Jason Vranek Twitter Account  Jason Vranek News  Jason Vranek on Facebook


 

 

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We do our best to report on all VC transactions involving tech companies. VC investment data records on this site come from publicly available VC deal announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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