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Arbitrum & Offchain Labs - Series B
Overview
Funding Date
August 31, 2021
Financing amount
$120M
Valuation
--
Category
Subcategory
About Arbitrum & Offchain Labs - Series B
Investors
Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
---|---|---|---|---|---|---|
Fund | United States of America | 1999 | 21 | -- | ||
Fund | United States of America | 2012 | 33 | [email protected] | ||
Fund | United States of America | 2016 | 163 | [email protected] | ||
Angel Investor | United States of America | -- | 25 | -- | ||
Fund | United States of America | 2000 | 62 | [email protected] | ||
Fund | Hong Kong | 2017 | 150 | [email protected] |
Founders & Team
Ed Felten
Harry Kalodner
Steven Goldfeder
Company Profile / Project Introduction
Offchain Labs is a New York-based company building Arbitrum, a suite of scaling solutions for Ethereum. Arbitrum One and Nova are powered by Nitro, our proprietary technology stack. Nitro’s next-generation rollup architecture provides 7x more throughput than Ethereum and lower fees without sacrificing any security. Prysm is an official Ethereum proof-of-stake client written in Go. Both individuals and institutions can use Prysm to participate in Ethereum's decentralized economy by running a node and earn rewards by running a validator to help secure the Ethereum blockchain. Upcoming Stylus will enable users to deploy programs written in popular programming languages like Rust, C, C++, and more, side-by-side with existing Solidity dApps on the same Arbitrum blockchain.