The company has successfully completed a Series B funding round

​Dune Analytics has raised investments of $69,4 million

03.02.2022 - 08:30

130

1 min

What’s new? Dune Analytics, an analytical blockchain company, has reported on the completion of another funding round, which was led by Coatue. The Series B round managed to raise a total of $69,4 million in investment. The company’s valuation currently exceeds $1 billion.

What will the funds be used for? Dune Analytics said that it will use the funding raised to do even better with its core mission. The company aims to make cryptocurrency data more accessible and to train, reward, and empower the next generation of Web 3.0 data analysts.

The company’s tools currently enable blockchain data from Ethereum, xDAI, Optimism, and Polygon. The near-term plans include expanding the capabilities and integrating new blockchains into the analytical system’s operations.

Author:

Michael Golikov Michael Golikov

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