Tenderly, a leading blockchain development platform that simplifies building innovative blockchain products for web3 developers of all skillsets, today announced $40 million in Series B funding, bringing the total raised to $58.6 million. The latest round was led by Spark Capital, with additional participation from existing investors Accel and Point Nine Capital. Other investors include Abstract Ventures, Coinbase Ventures, Uniswap Labs, Daedalus, Guillermo Rauch (CEO of Vercel), Jinglan Wang (Co-Founder and CEO of Optimism), Eric Ries (Founder of Long-Term Stock Exchange) and Tihomir Bajic (CEO of LTSE Software). Tenderly will use the new capital to continue building out its product offerings for developers, attract new customers and partners, and fuel technical and sales hiring efforts in its existing Belgrade, Serbia office and soon-to-be-opened San Francisco office.

Tenderly is a venture-backed, leading blockchain development platform that simplifies building innovative blockchain products for seasoned and new developers alike. The company works closely with the Web 3.0 community to provide the right tools, services, and infrastructure to help developers build groundbreaking products, with less friction.