Bware Labs Raises $6M in Series A Funding Round to Boost Blockchain API Infrastructure
Summary
The previous round included investors such as Spartan Group, Ascentive Assets, GBV and Morningstar Ventures, which also participated in the most recent round.Bware Labs is a multichain subscription-based API platform that serves developers and businesses building on blockchain by efficiently delivering their requests to the integrated networks. Node providers will be incentivised for the first time through the platform, by getting a share of the platform revenues as well as the possibility to stake BWR tokens and get rewards, while the users will benefit from a high quality service achieved due to geographical node distribution thus ensuring viable data streams available via WebSocket, RPC or traditional HTTP REST protocols depending on the supported chain. The blockchains currently supported are Avalanche, Binance Smart Chain, Moonbeam, Moonriver, Astar, Shiden, Fantom, Polkadot, Elrond and Polygon. "We are very excited to have finalized this investment round, for two main reasons: One is about the strength we brought into our team, by onboarding experienced investors, from both crypto and traditional finance, big tech projects and fellow infrastructure players. The other reason is related to our companys growth and the expansion of our tech offering which can now happen at an accelerated pace due to the financing we were able to secure and the support of our investors.
Funding
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