What is BlockCypher?
BlockCypher offers robust APIs designed to empower developers in building decentralized applications with efficiency and ease. Their infrastructure is engineered for high throughput and low latency, supported by multiple data centers to ensure reliability. Since its establishment in 2014, BlockCypher has been dedicated to providing a seamless experience for integrating blockchain technology, serving both emerging startups and established enterprises. The company's commitment to comprehensive support ensures users can confidently deploy blockchain solutions.
How much funding has BlockCypher raised?
BlockCypher has raised a total of $3.5M across 2 funding rounds:
Other Financing Round
$400K
Angel/Seed
$3.1M
Other Financing Round (2014): $400K with participation from Cherry Tree Investments and Streamlined Ventures
Angel/Seed (2015): $3.1M led by New Enterprise Associates, Upside Partnership, Fenox Venture Capital, Streamlined Ventures, and Foundation Capital
Key Investors in BlockCypher
New Enterprise Associates
New Enterprise Associates (NEA) is a venture capital firm focused on helping entrepreneurs build businesses, established in 1977 and headquartered in Menlo Park, California.
Upside Partnership
Upside Partnership is a seed and pre-seed venture capital firm that focuses on investing in early-stage companies led by inevitable Founders, providing financial support and mentorship.
Fenox Venture Capital
Fenox Venture Capital is a venture capital firm that invests in early-stage technology companies.
What's next for BlockCypher?
With the recent influx of major strategic investment, BlockCypher is poised for accelerated expansion and innovation. This capital will likely fuel further development of their blockchain web services, enhancing API capabilities and infrastructure robustness. The company's focus on enterprise-level solutions suggests a strategic push to capture a larger share of the growing blockchain market, enabling more businesses to leverage decentralized technologies. Continued investment in their global data center presence will also be crucial for maintaining high availability and low latency as demand increases.
See full BlockCypher company page
