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.

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We believe wholeheartedly that building a diverse company is critical to Blockdaemon’s success. We especially encourage members of traditionally underrepresented communities to apply, including women, people of color, LGBTQ+ people, veterans, and people with disabilities. Support the sales team to ensure Blockdaemon can highlight the maximum benefit from our products and data, through customer training and proof-of-value product tests. Blocknative builds infrastructure to monitor and manage the transactions on public blockchain networks. It specializes in blockchain, polygon gas estimator, Ethereum gas estimator, meta mask, and mempool explorer.

Blockdaemon Overview

Understand customer business needs and workflows, using this knowledge to position Blockdaemon products and design solutions using them. For those in my network near Singapore, I will be in attendance at TOKEN2049 this week. If you’d like to learn about Blockchain infrastructure, Proof-of-Work Staking, MPC Key Management, Ethereum Post-Merge, or anything #Web3 related, don’t be a stranger, stop by booth M59. I’ll be there alongside Andrew Vranjes, Glenn Woo, Mary Shann, and other members of Blockdaemon to answer your questions. The Blockdaemon team will also be throwing and attending several networking events around the area.

Metaverse brings new problems and opportunities to music licensing – Cointelegraph

Metaverse brings new problems and opportunities to music licensing.

Posted: Wed, 22 Mar 2023 13:02:43 GMT [source]

Blockdaemon, which claims to be the largest institutional-grade blockchain infrastructure company for node management and staking,… In addition to the fundraising, Blockdaemon also announced a partnership with Stakewise in a bid to “serve a growing demand for products with DeFi access from our institutional clients”. The partnership will build an institutional-grade, KYC-based liquid staking product on the Ethereum network. Blockdaemon which provides infrastructure including blockchain nodes and cryptocurrency staking services, announced the addition of Citi… Zeeve is a California-based blockchain infrastructure automation platform that allows users to deploy, scale and monitor decentralized applications and blockchain nodes. The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

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Blockdaemon last raised funding from its investors in January, bringing in $207 million at a $3.25 billion post-money valuation. Even if its own business has felt the effects of the market downturn, Sepior may have, too, meaning Blockdaemon might have picked it up at a significant discount. Blockdaemon is looking for a FinOps Specialist reporting to the Director of Digital Assets. The FinOps Specialist will work closely with the operations, revenue, and partnerships teams at Blockdaemon, focusing on a range of processes, tracking, steps, and data-driven decision making as we further scale our quickly growing business.

The company recently announced a Series C of $207 million at a post-money valuation of $3.25 billion. Figment is a Canadian-based blockchain infrastructure and crypto staking provider. Figment develops back-end systems and infrastructure that provide yield on tokens for PoS blockchains. The company offers staking, middleware and application layer solutions for investors and developers investing in and building on Web 3. Blockdaemon is bridging the gap between Blockchain and traditional finance and this week, alongside partner CryptoCompare, we’re excited to announce an industry-first family of Staking Yield Indices. The indices deliver the index rate concept to crypto for the first time ever, giving institutional investors a critical tool for crypto investing and staking rewards.

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Richter added that Sepior was “the only [institutional-grade key management provider] of note left” when Blockdaemon went out to make an acquisition. Once the two parties had entered into an exclusive agreement to merge, Richter added, Blockdaemon found out that multiple other parties had also tried to buy Sepior. The crypto markets have been trending downward since April, and web3 companies are cash-strapped as a result. So seeing Blockdaemon, a venture-backed crypto startup, dole out cash to continue its inorganic growth strategy is somewhat unexpected. Will be responsible for leading and driving sales engagement and will directly impact Blockdaemon’s revenue and growth. We are seeking an experienced Enterprise Customer Success Manager to work with our enterprise customers in EMEA.

  • It specializes in blockchain, polygon gas estimator, Ethereum gas estimator, meta mask, and mempool explorer.
  • 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, DeFi foundations, financial institutions and developers to connect commercial stakeholders to blockchains.
  • We believe wholeheartedly that building a diverse company is critical to Blockdaemon’s success.
  • Work closely with Engineering professionals across both Platform and Protocol to ensure features and infrastructure are available for prospects.

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.

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.

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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.

LivePerson named Technology Partner of the Year at the 2023 Stevie® Awards – Yahoo Finance

LivePerson named Technology Partner of the Year at the 2023 Stevie® Awards.

Posted: Mon, 20 Mar 2023 12:30:00 GMT [source]

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 https://www.beaxy.com/ 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.

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 MATIC of the criteria that they pass.

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 blockdaemon revenue 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.

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

Last Wednesday, as the tech industry recoiled from the collapse of Silicon Valley Bank, a party was scheduled at the offices of Maverick Ventures in an old army hospital in the Presidio.

  • GenesysGo builds, configures, and maintains RPC servers and validator nodes.
  • 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.
  • Blockdaemon is bridging the gap between Blockchain and traditional finance and this week, alongside partner CryptoCompare, we’re excited to announce an industry-first family of Staking Yield Indices.
  • Multiparty Computation generates and uses keys in the form of distributed key shares – eliminating existence of a complete key on any single device to eliminate single points of failure.

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.

Finally, Blockdaemon has strategically invested in Obol Labs, a trust minimized staking protocol for public blockchain networks based on Distributed Validator Technology . We are made up of dedicated and passionate individuals who want to make an impact in this dynamic and emerging industry. We offer competitive salaries as well as employer contributions to health, dental, vision, life and disability insurances. At Blockdaemon, we understand that “life happens” and offer a flexible PTO policy and encourage employees to take time off when they need it. Do you want to stake your tokens but don’t have the bandwidth to run your own validators or nodes?

blockdaemon revenue

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.

Who owns Blockdaemon?

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

We are also required to measure our progress toward having at least 7% of our workforce be individuals with disabilities. To do this, we must ask applicants and employees if they have a disability or have ever had a disability. Because a person may become disabled at any time, we ask all of our employees to update their information at least every five years. Blockdaemon has also contributed to the open-source crypto ecosystem, including a donation to the Ethereum Foundation of $900,000 worth of IBM Cloud Credits to aid their efforts in testing Ethereum’s merge. The company also became a founding member of the Flashbots Eth2 Working Group, an effort dedicated towards developing an open-source, rather than proprietary, MEV extraction Ethereum solution.

Multiparty Computation generates and uses keys in the form of distributed key shares – eliminating existence of a complete key on any single device to eliminate single points of failure. You are considered to have a disability if you have a physical or mental impairment or medical condition that substantially limits a major life activity, or if you have a history or record of such an impairment or medical condition. Identifying yourself as an individual with a disability is voluntary, and we hope that you will choose to do so.

How many employees does Blockdaemon have?

Blockdaemon corporate office is located in 6060 Center Dr Fl 10, Los Angeles, California, 90045, United States and has 92 employees.

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 blockdaemon revenue 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.

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, DeFi foundations, financial institutions and developers to connect commercial stakeholders to blockchains. 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 blockchai… 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. These acquisitions further strengthened Blockdaemon’s robust ‘node stack’ of blockchain technology, granting financial institutions seamless access to dozens of blockchains with one single integration. It offers a cloud-based infrastructure to implement and deploy distributed ledger blockchain nodes for companies and enable them to run private and public blockchains. The technology allows businesses to build their own multichain and multi-cloud networks for blockchain deployment.