Figment, a blockchain infrastructure solutions provider, raised $ 110 million in a Series C funding round. Investors valued the company at $ 1.4 billion.
Figment is super excited to share the news that we closed a $ 110m Series-C round to further accelerate the growth of Web 3 🥳 🦄https://t.co/6pkYJCgs3R
– Figment (@Figment_io) December 20, 2021
The round was led by private investment company Thoma Bravo with the participation of Counterpoint Global Morgan Stanley, ParaFi Capital, Avon Ventures, Binance, Bitstamp and others.
With the funds raised, Figment will add staking support among a larger number of PoS blockchains and hire additional developers.
Figment currently makes about $ 10M per month and supports over 50 blockchains including Ethereum 2.0, Solana, Polkadot, NEAR, and Avalanche.
As a reminder, Figment raised $ 50 million in a Series B funding round in August 2021.
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