BloXroute Labs

About

BloXroute is a blockchain distribution network that helps in scaling blockchains to thousands of transactions/second on-chain.

Evanston,Illinois,United States
11 - 50
https://bloxroute.com

Highlights

Details

Last Funding Type: Series B
Last Funding Money Raised: $70M
Industries: Blockchain,Content Delivery Network,Cryptocurrency,Finance,Financial Services,FinTech,Information Technology,Personal Finance
Founded date: Jan 1, 2017
Number Of Employee: 11 - 50
Operating Status: Active
Legal Name: bloXroute Labs, Inc.

BloXroute is a blockchain distribution network that helps in scaling blockchains to thousands of transactions/second on-chain. The company's platform utilizes a global network of servers optimized for network performance using compression, encryption, and advanced networking techniques, propagates transactions and blocks faster, enabling clients to make the propagation of data more efficient, resulting in increased transaction throughput.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

6

$90.59M

BloXroute Labs has raised a total of $90.59M in funding over 2 rounds. Their latest funding was raised on Apr 12, 2022 from a Series B round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Apr 12, 2022	Series B	$70M	11	SoftBank Vision Fund	—	Detail
Jul 30, 2021	Funding Round	$9.04M	—	—	—	Detail
Jul 16, 2021	Series Unknown	—	2	—	—	Detail
May 9, 2019	Series B	$10M	7	Pantera Capital	—	Detail
Jun 21, 2018	Series A	—	9	—	—	Detail

Investors

Number of Lead Investors

Number of Investors

2

26

BloXroute Labs is funded by 26 investors. SoftBank Vision Fund and Pantera Capital are the most recent investors.

Investor Name	Lead Investor	Funding Round
SoftBank Vision Fund	Yes	Series B
Pantera Capital	Yes	Series B
GSR	—	Series B
Portofino Technologies	—	Series B
Blindspot	—	Series B
Dragonfly	—	Series B
Flow Traders	—	Series B
Flybridge	—	Series B
Jane Street Capital	—	Series B
Lightspeed Venture Partners	—	Series B