Abacus Works is a pioneering company in the blockchain and enterprise software industries, founded in 2022 and headquartered in the United States. The company's slogan, "Pioneering permissionless and modular interoperability," encapsulates its mission to drive innovation in the field of interoperability. Abacus Works is best known for its flagship product, Hyperlane, which is a groundbreaking development that introduces the first permissionless interoperability and brings an interoperability stack to any blockchain, appchain, or rollup, at any time. Notably, Hyperlane development is open-source, reflecting the company's commitment to collaboration and transparency. In a significant milestone, Abacus Works secured a $18.50M Seed Round investment on 22 September 2022. This round of funding saw participation from prominent investors including Galaxy Digital, NFX, Variant Fund, Blockdaemon, CoinFund, Hypersphere Ventures, Circle, Asymmetric, Figment, and Kraken Ventures. The impressive backing from these influential investors not only validates the potential of Abacus Works and Hyperlane but also provides the necessary resources to drive further innovation and expansion. Overall, Abacus Works stands at the forefront of the industry, leveraging its innovative approach to interoperability and the substantial support from key investors to drive its mission forward and make a significant impact in the blockchain and enterprise software sectors.
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