bloXroute

Ultra-fast DeFi Trading

General Information
Company Name
bloXroute
Founded Year
2018
Location (Offices)
Evanston, United States +1
Founders / Decision Makers
Number of Employees
57
Industries
Blockchain, Creator Economy, Crypto +3
Funding Stage
Series B
Social Media

bloXroute - Company Profile

bloXroute Labs is a blockchain startup that focuses on ultra-fast DeFi trading. Founded in 2017 and headquartered in the United States, bloXroute has positioned itself as the "Flash Boys" for DeFi, offering a high-performance blockchain distribution network (BDN) that caters to Ethereum, BSC, Polygon, and Solana. The company's BDN and DeFi trading tools enable users to excel in crypto trading by leveraging a global network of servers optimized for network performance. Nodes access this network through open-source gateways, while users can interface with it via the bloXroute public-API. The standout feature of the bloXroute BDN is its ability to propagate blockchain transactions and blocks at speeds closer to that of light. This significantly enhances the speed and reliability of crypto transactions, making it a game-changer in the arena of mempool services, block streaming, and overall DeFi performance. Additionally, the BDN facilitates blockchain scalability by accelerating communication of the current state, thereby reducing block size and frequency limits across various consensus mechanisms, including Proof of Stake, Proof of Work, and DAGs. It is noteworthy that bloXroute recently secured a $70.00M Series B investment on April 12, 2022, with a consortium of notable investors including Lightspeed Venture Partners, Flow Traders, GSR Markets, ParaFi Capital, Rockaway Blockchain Fund, SoftBank Vision Fund, Dragonfly, Jane Street, Blindspot, Portofino Technologies. With a strong focus on talent acquisition, bloXroute is actively hiring engineers and business professionals for a range of positions, offering attractive compensation, equity, and a fully remote work environment. For those interested, they can explore career opportunities at bloXroute through the company's careers page: https://bloxroute.com/careers/.

Taxonomy: DeFi, crypto trading, blockchain infrastructure, network performance, mempool services, Ethereum, Polygon, Binance Smart Chain, block streaming, block propagation, high-performance network, BDN, scaling solutions, remote work

Funding Rounds & Investors of bloXroute (5)

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Funding Stage Amount No. Investors Investors Date
Series B $70.00M 10 12 Apr 2022
Venture Round $9.04M - 30 Jul 2021
Series B $10.00M - 09 May 2019
Series A Unknown - 21 Jun 2018
Seed Round $1.55M - 22 Mar 2018

Latest News of bloXroute

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No recent news or press coverage available for bloXroute.

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