Funding round positions Community Labs as a native software development company and venture studio focused on accelerating developer tools, use cases, and adoption of decentralized permanent data storage
NEW YORK--(BUSINESS WIRE)--Community Labs has raised $30 million to power software development and a venture studio focused on supporting Arweave adoption, ecosystem growth, and protocol development. The funding round was led by Lightspeed Venture Partners with participation from industry leaders Arweave, Bain Capital Crypto, Blockchain Capital, Distributed Global and Road Capital Management alongside others.
“The structure, size, and valuation of the platform at this pivotal moment in the market cycle is a testament to Tate and the team’s commitment to developer tooling, infrastructure, and adoption.”
Tweet this
Community Labs will develop and support critical developer tools and foundational ecosystem solutions that onboard the next 1,000 active Arweave developers and founders,...
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.
INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...