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Vybe Network Secures $10.5 Million Usd In Series A Funding

Jun 07, 2022•about 3 years ago

Amount Raised

$10.5 Million

Round Type

series a

Vancouver

Description

Vybe Network, the premier data infrastructure solution, today announced the close of a $10.5 million USD Series A investment. Vybe Network enables the Solana community to query, index and exchange on-chain data to build Web3 dApps and analytics. The round is led by FTX with additional participation from Sino Global, Staking Facilities, Serum, Panony, Tess Ventures, Contango, Canonical Crypto Fund and EBT Group.

Company Information

Company

Vybe Network

Location

Vancouver, Washington, United States

About

Launched in the summer of 2021, the company provides software and infrastructure that allows users to easily access and utilize both real-time and historical data from the Solana blockchain. Building on its existing technology, the company will help users advance their existing skills while also benefitting from new advancements in blockchain technology. Vybe Network enables the Solana community to query, index and exchange on-chain data to build Web3 dApps and analytics. Investor Quotes:"Vybe Network has a proven track record of delivering the highest quality data, analytics and querying infrastructure on high performance blockchains and we are excited to partner with them on their next generation of products.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech