blockdaemon revenue

Understand the required skills and qualifications, anticipate the questions you may be asked, and study well-prepared answers using our sample responses. Work closely with Engineering professionals across both Platform and Protocol to ensure features and infrastructure are available for prospects. Konstantin Richter, CEO and founder of Blockdaemon, commented on the growth of the platform over the past year and its commitment to DeFi.

Interested in launching your own non-custodial wallet but don’t know where to start? If you’re attending Digital Asset Summit London, be sure to reach out to me or connect with the Blockdaemon team to see how Blockdaemon can help your business connect to blockchains. There are a lot of reasons to consider Blockdaemon’s easy-to-use Staking API for Polkadot and Polygon Labs, including security and ease of use. Let our experienced engineers handle your validator and node maintenance so you can stay focused on growing your business. To be sure, it is a well-capitalized company scooping up a startup at an opportune time, in part because valuations across the board are down.

Crypto startup Blockdaemon continues acquisition spree, buying Sepior – TechCrunch

Crypto startup Blockdaemon continues acquisition spree, buying Sepior.

Posted: Wed, 20 Jul 2022 07:00:00 GMT [source]

I’m looking forward to seeing some familiar faces as well as making new connections. If you’re interested in attending any of our events please be sure to reach out. The development of #Web3 depends on reliable, secure, low-latency infrastructure which is why Blockdaemon is working with Google Cloud to build optimized infrastructure for Web 3. Blockdaemon is proud to work alongside Dapper Labs, Nansen, NEAR Protocol, Sky Mavis, and Solana Labs to enable the future of web3 on Google Cloud.

Customer Testimonials

Liaise with the Product team to bring customer facing perspectives and share feedback from the market. Work cross-functionally with prospective customers and our Revenue team to win deals and drive sales to completion. Acquire a deep knowledge of Blockdaemon products, using this knowledge to act as subject matter expert for customers, with a specific focus on Blockdaemon Secure Products. Blockdaemon welcomes Geoffrey Clauss to the role of Chief Revenue Officer! Geoff brings his wealth of knowledge in fintech and crypto to help scale Blockdaemon even further. We are excited to have him on board as our new Chief Revenue Officer.

Blockchain infrastructure leader Blockdaemon has closed a Series C funding round of $207 million and reported a post-money valuation of $3.25 billion. A subsidiary of Saudi Arabia’s investment fund and an Abu Dhabi investment firm are planning to invest in a multibillion-dollar funding round for SpaceX, Elon Musk’s rocket company, according to people familiar with the investor discussions. G6Annual revenue growth since founding is higher than the industry average. The G Score is an eight-point scale where firms are given a score of 1 for each of the criteria that they pass.

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The G score compares a company against the industry median to find those that are healthy and growing. Explore institutional-grade private market research from our team of analysts. Ensure that your company and products are accurately represented on our platform. Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Another reason Sepior looked so attractive to Blockdaemon is that it generates significant revenue in cash through its traditional SaaS-style business model, though Richter did not disclose specific numbers. Blockdaemon itself, meanwhile, makes 70% of its revenue in tokens and 30% in cash, Richter said. He noted that Blockdaemon was profitable in 2021 and that revenue has stayed “static” throughout the downturn, with the company’s rapid growth making up for the downward movement in token prices, although it did not make a profit last quarter. A “recently separated veteran” means any veteran during the three-year period beginning on the date of such veteran’s discharge or release from active duty in the U.S. military, ground, naval, or air service. Customize and adapt presentations and product demonstrations for both small and large audiences, across varying levels of technicalities.

Free to get started, easy to add your whole sales team, commit to monthly or annual plans. On a cosmic level, the collapse blockdaemon revenue of Silicon Valley Bank was a mere blip. Not even a banking crisis could chill the fever sweeping San Francisco.

blockdaemon revenue

“I think one of the things that is often underestimated is, when you’re a young company, learning how to build a playbook and how to acquire companies and then integrate them really well is also an experience thing. I feel like we’ve worked our way up in terms of the complexity of acquisitions and the type of companies we’re acquiring, so Sepior is a really good play for us,” Richter said. Blockdaemon also appears to be growing rapidly, another sign it can afford to make bold moves in a perilous market. The first and second quarters of the year were “record” periods for the company’s sales growth, founder and CEO Konstantin Richter told TechCrunch in an exclusive interview. Represent Blockdaemon in the market, attending conferences and webinars, and support the creation of best practice documentation, including industry knowledge and product.

Blockdaemon is the leading independent blockchain node infrastructure to stake, scale, and deploy nodes with institutional-grade security and monitoring. Supporting 40+ cutting edge blockchain networks in the cloud and on bare metal servers globally, Blockdaemon is used by exchanges, custodians, crypto platforms, financial institutions and developers to connect commercial stakeholders to blockchains. We power the blockchain economy by simplifying the process of deploying nodes and creating scalable enterprise blockchain solutions via APIs, high availability clusters, auto-decentralization and auto-healing of nodes. Supporting 30+ protocols, 70 out-of-the-box node types, and monitoring plug-ins for cloud and on-premises services, Blockdaemon is used by exchanges, custodians, enterprises, financial institutions and 10k+ developers to connect commercial stakeholders to blockchains. Blockdaemon’s mission is to simplify the process of deploying nodes and creating scalable enterprise blockchain solutions via APIs, BYOI, auto- decentralization and auto-healing of nodes. Blockdaemon is the largest independent blockchain infrastructure platform.

  • Blockdaemon made two acquisitions during this period, crypto on-ramp company Gem and Anyblock Analytics, an infrastructure platform providing API, on-chain analytic tools, monitoring, and node hosting services across various blockchain networks.
  • “Over the last 12 months, Blockdaemon has seen massive growth across all metrics and raised substantial capital to continue bridging institutions onto protocols in a safe and secure manner,” he said.
  • Thrilled to see Blockdaemon featured in the CB Insights Fintech 250, 2022.
  • Blockdaemon is looking for a FinOps Specialist reporting to the Director of Digital Assets.
  • Blockdaemon welcomes Geoffrey Clauss to the role of Chief Revenue Officer!

GenesysGo builds, configures, and maintains RPC servers and validator nodes. The company provides developers and users with an easy-to-use infrastructure platform. The company builds secure, stable, and high-performing machines that allow people and businesses to explore blockchain technology and all the benefits it provides. This role is considered the technical expert in APAC, supporting prospects, customers and partners, and focussed on our security and MPC technologies, reporting to the APAC General Manager. The role will support the APAC Revenue organization with the aim of supporting and growing a best-in-class product suite in the MPC and Cryptography industry. The role is focused on ensuring potential prospects understand our products from a technical perspective and get the best possible value from the Blockdaemon product suite.

Your answer will be maintained confidentially and not be seen by selecting officials or anyone else involved in making personnel decisions. Completing the form will not negatively impact you in any way, regardless of whether you have self-identified in the past. For more information about this form or the equal employment obligations of federal contractors under Section 503 of the Rehabilitation Act, visit the U.S. Department of Labor’s Office of Federal Contract Compliance Programs website at /ofccp.

What’s more, the two companies share many customers, with overlap coming from Citibank and other financial institutions, Richter said. Sepior has 25 to 50 customers today, while Blockdaemon services about 250, he added. As for their own size, Sepior employed ~20 people in comparison to Blockdaemon’s ~270 at the time of the acquisition announcement.

IT Teams Reveal Surprising Findings on Application Modernization … – Yahoo Finance

IT Teams Reveal Surprising Findings on Application Modernization ….

Posted: Thu, 23 Mar 2023 13:00:00 GMT [source]

QuikNode offers a Web3 infrastructure platform, helping developers and businesses build, launch, and scale blockchain-powered applications . It provides a platform for blockchain development and it primarily offers censorship and privacy over the internet. The company was founded in 2017 and is based in North Miami Beach, Florida. Crypto infrastructure provider Blockdaemon has acquired Danish startup Sepior, a digital asset security company providing key management services for institutional clients, for an undisclosed price. The deal marks the startup’s fourth acquisition in XRP two years, the latest of which was Blockdaemon’s purchase of fiat-to-crypto onramp Gem.com in March of this year. Blockdaemon, a New York-based blockchain node infrastructure platform, raised $155M in Series B funding with a valuation of $1.255 billion.

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“Telstra Ventures is incredibly excited to partner with Blockdaemon and help expand their footprint globally. After surveying the landscape we believe that Blockdaemon’s technology is critical infrastructure for helping blockchain become the basis for Web3. Blockdaemon provides enterprise capabilities needed for this technology to be mainstream,” said Saad Siddiqui, General Partner at Telstra Ventures. Assist with external and internal training on Blockdaemon products and provide advanced technical support to strategic enterprise clients. The company’s goal is to be a one-stop shop for institutions using crypto to manage their backend, including “on and off ramps, node APIs, high-availability clusters for transactions, staking, liquid staking — all in one seamless interface,” Richter said. We are committed to diversity and building an equitable and inclusive environment for people of all backgrounds and experiences.

Who owns Blockdaemon?

A Message From Blockdaemon's Founder & CEO, Konstantin Richter.

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach. PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly. Our experts will propose a solution to your security and business needs. We’ll meet with your team to understand your framework and your requirements.

blockdaemon revenue

The Index Family features five BMR-compliant indices that capture the daily annualized staking rewards of some of the top Proof-of-Stake digital assets including Avalanche, Cardano Foundation, Cosmos, Polkadot, and Solana Labs. Developer of a node management platform designed to efficiently manage blockchain applications. “Some of the most elite investors in the world have put their confidence in Blockdaemon, as we enable financial institutions around the world to engage in the cryptocurrency ecosystem through our stable and secure blockchain infrastructure. We are honored to now welcome Citi, Salesforce, https://www.beaxy.com/ Telstra, and Invicta to our world-class group of key backers,” said Konstantin Richter, CEO and Founder, Blockdaemon. Blockdaemon enables participants such as exchanges, custodians, crypto platforms and financial institutions to stake and earn yields via nodes across 50+ blockchain networks including Eth2, Bitcoin, Solana, Terra, Cardano, Polkadot, Cosmos and the Lightning Network. The funding reflects rising investor interest in companies that can provide the computing power required when crypto exchanges and financial institutions record and validate huge volumes of transactions on a blockchain.

“In order to specifically do the staking part, if you want to be really quick and rebalance assets, and stake assets for institutions, you have to ultimately touch the keys, which is not something we want to do, because we want to remain noncustodial. So Sepior’s key management solution blockdaemon revenue solves a couple of those problems for us because they provide institutional grade key management, which is actually very rare,” Richter said. We are a federal contractor or subcontractor required by law to provide equal employment opportunity to qualified people with disabilities.

blockdaemon revenue

Thrilled to see Blockdaemon featured in the CB Insights Fintech 250, 2022. Fintech 250 showcases the 250 most promising private #fintech companies of the year, and out of the 250 companies Blockdaemon was one of 25 Fintech companies to be awarded in the Crypto/Blockchain category. It previously raised $155 million in Series B funding in September 2021 with a valuation of $1.26 billion. “Over the last 12 months, Blockdaemon has seen massive growth across all metrics and raised substantial capital to continue bridging institutions onto protocols in a safe and secure manner,” he said. Several founders who took positions at the bigger tech companies that bought their startups recently lost their jobs when layoffs rolled through Silicon Valley.

The round was led by SoftBank Vision Fund 2, with participation from Matrix Capital Management, Sapphire Ventures, and Morgan Creek Digital. In addition, Blockdaemon launched more than 40,000 nodes; averaged more than $10 billion in monthly staked assets; and expanded its presence in global cloud regions and diversified data centers. Blockdaemon now supports over 50 blockchains, including over 25 proof-of-stake protocols and have added additional NFT API functionality to their robust Ubiquity API suite. They are actively developing the world’s first Ethereum liquid staking solution for institutions, built together with StakeWise.

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