Goldsky is a crypto database infrastructure company, today announced the launch of a seed fundraise for $20 million. ....
Goldsky, a cryptocurrency database infrastructure company, has announced an initial $20 million fundraise. Elad Gil Plaid founding members Zach Perret, William Hockey, Uniswap Labs as well as 0x Labs are some of the investors.
Goldsky is a cryptocurrency database infrastructure company, revealed on Monday that it had completed a seed round of $20 million under the guidance of two VC companies Felicis Capital and Dragonfly Capital.
Elad Gil Plaid founding members Zach Perret, William Hockey, Uniswap Labs and 0x Labs, Zhuoxun Yin from Magic Eden, Alex Xu, Azuki, and Robert Leshner, Compound Finance were also investors.
Goldsky automates data pipelines
Jeff Ling and Kevin Li created Goldsky in this year, with $1.4 million in investment. They first met when they worked in the field of engineering at Heap the unicorn company in the field of data.
The company can automate the design and management of data-driven pipelines from beginning to end. Users are now able to focus on the real-time data of multiple chains and then reshape it with an application for data streaming. The result will be uploaded directly to websites via an interface.
According to Goldsky it solves the biggest industry problemof processing and reading information in smart contract contracts which have already been put in place.
"Teams frequently find themselves performing massive amount of data engineering to process and aggregate distributed activities. It could cost anywhere from tens up to millions of dollars and more important the process can require time off from the core services," the company stated in an announcement.
Present customers are POAP, Polymarket, and Arweave.
Goldsky is among the many companies fighting for a spot in the world of blockchain data. Nansen is a crypto-analytics start-up was acquired by Accel through a round of $750 million. In the last few months, Kaiko, Messari and CryptoCompare have all raised capital.
Blog by The Daily Encrypt
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