SAN FRANCISCO--(BUSINESS WIRE)--nxyz, the web3 platform that enables lightning-fast data infrastructure for blockchains, today emerged from stealth and announced a $40M Series A led by Paradigm, with participation from Coinbase Ventures, Greylock Partners, Sequoia Capital, and prominent web3 angels like Balaji Srinivasan, Jaynti (JD) Kanani, Jing Wang, Packy McCormick, Surojit Chatterjee, Ryan Selkis, and others. Co-founder Sridhar Ramaswamy will become CEO, while staying in his role as CEO of user-first, private search engine Neeva. The funds will be used to expand nxyz’s team, build robust support across emerging use cases, and expand across different chains.
“nxyz has a truly superlative team that has built the best data indexing infrastructure for web3, and we at Paradigm are thrilled to support them.”
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nxyz aims to empower a new generation of builders, creatives, and entrepreneurs to develop a better internet by providing fast, flexible, and reliable blockchain...
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