Connext
Financial Software · California, United States · 1-10 Employees
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Overview
Headquarters
123 10th St, San Francisco, California, ...Website
connext.networkRevenue
<$5 MillionIndustry
ZI Rank: 1
Signal Type
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ZI Rank
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About Connext
Connext's mission is to bring blockchain to the next billion users by enabling instant, low cost Ethereum transfers. They achieve that by using generalized state channels to establish peer-to-peer Payment Channels that allow users to batch many Ethereum transactions into one netted transfer by using signed off-blockchain commitments rather than direct on-blockchain transactions. This improves the scalability of transfers across the Ethereum ecosystem, and also creates one fast and seamless experience between wallets, browsers, and applications.Explore more
Connext Org Chart
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Revenue
Number of Employees
Type
Funding
Founded In
$5.2M
11-50
Private
$15.3M
2010
KZ
Khalid ZandanDirector of the Executive Affairs Follow-up Department and A Strategic Advisor
Company Profile Activity
Activity Insights
Connext is experiencing very low activity levels compared to other companies in the Software sector.
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Connext is drawing exceptional interest within the Software industry, suggesting notable developments or strong market momentum, learn more about Connext.
Connext financials insights
Gather financial insights about Connext, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.
2021
Angel/Seed
$2.2M
Unspecified
$12M
2023
Other Financing Round
$7.5M
Connext Tech Stack
A closer look at the technologies used by Connext
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Hiring Plans
Connext has more open roles in Engineering & Technical than it has had at any time in the past 12 months.
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Funding
Funding
Connext News & Media
Layne Haber, Co-founder at Connext: Industry Professional Comments on Emerging DeFi and Web3 Use-Cases
CI recently connected with Layne Haber, Co-founder at Connext, which claims to be the HTTP of Web3. Haber touched on how crypto and digital assets are becoming increasingly popular investments for governments as well as private investors. She discussed investors’ top priorities as assets such... Read MoreConnext Labs Raises $7.5M Strategic Funding at $250M Valuation
Connext Labs, a San Francisco, CA-based provider of a blockchain interoperability protocol, raised $7.5M in strategic funding, at a $250M valuation. The round, which brought the total amount to $23.2M, saw participation from Polychain Capital, NGC Ventures, Polygon Ventures, IOSG Ventures, Fenbushi Capital, KXVC, a_capital, No Limit Holdings, Factor, Dokia Capital, Coinbase Ventures, Ethereal Ventures, 1k(x), #Hashed, […] The post Connext Labs Raises $7.5M Strategic Funding at $250M Valuation apConnext Launches NXTP Protocol to Enable Fast, Trustless Cross-Chain Transfers, and Smart Contract Interactions Between Ethereum-Compatible Systems
NEW YORK--(BUSINESS WIRE)--Connext, the leading interoperability network of Layer Two (L2) Ethereum, today announced the release of its NXTP protocol, a trustless, low cost, and easily extensible base protocol to enable communication between EVM-compatible chains and L2 systems. The scalability limitations of Ethereum have spurred the migration of DeFi, NFTs, and other popular use cases to “off-chain” scalability options. Users are interacting with an increasingly heterogeneous mix of Ethereum
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Connext's mission is to bring blockchain to the next billion users by enabling instant, low cost Ethereum transfers. They achieve that by using generalized state channels to establish peer-to-peer Payment Channels that allow users to batch many Ethereum transactions into one netted transfer by using signed off-blockchain commitments rather than dir... Read More
