Glacis raises $2M in seed funding led by Arrington Capital and Paper Ventures to enhance multi-bridge, chain-agnostic services.
May 13, 2024•over 1 year ago
Amount Raised
$2 Million
Round Type
seed
Investors
Paper VenturesArrington Capital
Description
Glacis, a developer of a Firewall and Router Protocol for simplifying cross-chain operations, secured $2m in seed funding. Backers included Arrington Capital and Paper Ventures. The company intends to use the funds to further enhance the security and efficiency of multi-bridge, chain-agnostic services in the web3 space.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers