How Much Did Reach Raise?
Funding & Key Investors

Reach has secured $12M in total capital, with a recent major strategic investment of $12M announced on May 26, 2021. This significant backing underscores the company's pivotal role in the blockchain development sector and its potential for substantial growth.

What is Reach?

Reach
Business ServicesSoftware Testing

Reach is a comprehensive platform designed to accelerate and reduce the cost of practical blockchain development. It enables the rapid deployment of decentralized applications across any network, offering robust safety features essential for scaling. The platform integrates a programming language, compiler, and a suite of testing and deployment tools, effectively consolidating the functionality of numerous development tools into a single, efficient solution.

How much funding has Reach raised?

Reach has raised a total of $12M across 1 funding round:

2021

Other Financing Round

$12M

Other Financing Round (2021): $12M, investors not publicly disclosed

What's next for Reach?

The recent major strategic investment signals a new phase of expansion for Reach. This capital infusion is expected to fuel further platform enhancements, broaden market reach, and potentially explore new blockchain integrations. The company's focus on simplifying complex blockchain development positions it to capitalize on the increasing enterprise adoption of decentralized technologies.

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Frequently Asked Questions Regarding Reach Financial Insights

What are the most recent funding rounds that Reach has completed, and what were the funding rounds?
Reach has recently completed 1 funding rounds: Other Financing Round on May 26, 2021.
What is the total amount of funding Reach has raised to date?
Reach has raised a total of $12M in funding to date.
How many funding rounds has Reach completed?
Reach has completed 1 funding rounds.
How much funding did Reach raise in its most recent funding round?
Reach raised $12M in its most recent funding round.
Which was the largest funding round in Reach's history?
The largest funding round in Reach's history was $12M.
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