Venture Capital News: Nxyz Emerges With $40M in Series A
2022-10-12
SAN FRANCISCO, CA, Nxyz, a web3 platform that enables lightning-fast data infrastructure for blockchains, emerged from stealth and announced a $40M Series A led by Paradigm.
Nxyz, a web3 platform that enables lightning-fast data infrastructure for blockchains, emerged from stealth and announced a $40M Series A led by Paradigm, with participation from Coinbase Ventures, Greylock Partners, Sequoia Capital, and prominent web3 angels like Balaji Srinivasan, Jaynti (JD) Kanani, Jing Wang, Packy McCormick, Surojit Chatterjee, Ryan Selkis, and others. Co-founder Sridhar Ramaswamy will become CEO.
nxyz aims to empower a new generation of builders, creatives, and entrepreneurs to develop a better internet by providing fast, flexible, and reliable blockchain indexing and data infrastructure. Spun out of Neeva, nxyz ingests data directly from blockchains and their associated applications in real-time, giving developers a performant API suite to easily use blockchain data.
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