Nirvana Labs announced revenue growth of 650% and that it raised another $4M to meet demand in Web3 for Bare Metal Cloud. Castle Island Ventures and RW3 Ventures co-led the round, with BitGo Ecosystem Fund, Hash3, Third Earth and Play Ventures also participating. This brings Nirvana Labs total funding to $5.7 million in the last six months.

Nirvana Labs is the first full-stack cloud platform crafted by crypto natives and cloud experts to meet the unique demands of web3 companies. Nirvana's offerings include a powerful bare metal cloud computing platform, highly reliable load-balanced RPC nodes, and enterprise-grade dedicated nodes.