BlockJoy Secures $11M Seed & Series A Round
Summary
BOSTON, MA, BlockJoy today announced the successful close of nearly $11 million in combined Seed + Series A funding. BlockJoy, the company providing a white-label blockchain nodes-as-a-service for node-hosting enterprises, today announced the successful close of nearly $11 million in combined Seed + Series A funding from Gradient Ventures, Draper Dragon, Dragon Roark, Active Capital, Borderless HNT, and Renegade Ventures, among others. The funding will be used to support the launch of BlockVisor, the companys patented node management software, which is now open for beta sign-ups. BlockJoy enables customers to deploy and run decentralized blockchain nodes on any infrastructure while maintaining a cloud-like experience at up to 80 percent cost reduction from traditional cloud providers. Based in Boston, Massachusetts, BlockJoy is helping enterprises reduce costs to run nodes by up to 80 percent.
