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Ethereum Layer-two developer StarkWare valued at $2B following $50M raise
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Israel-based StarkWare announced on Nov 16 via Twitter that it had raised $50 million in a Series C funding round, and that the firm’s valuation is now at $2 billion. Sequoia Capital was the lead investor, among other contributors. Seven months ago, StarkWare raised $75 million in a Series B funding led by Paradigm.
We are excited to announce our Series C of $50M at $2B.A big thanks to our lead investor, @sequoia, our wonderful follow-on investors, and the dozens of ecosystem partners and collaborators who participated in this round, for their vote of confidence in our products and tech. pic.twitter.com/CuaeMSf2s6
This news comes ahead of the launch of StarkNet Alpha 2, an upgrade to its Zero-Knowledge Rollup technology, or ZK-Rollup, on
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