Polygon raises $450M from Sequoia Capital India, SoftBank and Tiger Global

Polygon raises $450M from Sequoia Capital India, SoftBank and Tiger Global

2 years ago
Anonymous $CLERCuPQwa

https://techcrunch.com/2022/02/07/polygon-raises-450m-from-sequoia-capital-india-softbank-and-tiger-global/

Ethereum scaling firm Polygon has raised $450 million in a new venture financing round as the firm, with a market cap of about $13 billion, aggressively expands its portfolio of Ethereum scaling solutions and works to attract the larger developer ecosystem.

Sequoia Capital India led Polygon’s first major financing round. Tiger Global and SoftBank as well as Galaxy Digital, Republic Capital, Makers Fund, Alameda Research, Alan Howard, Alexis Ohanian, Steadview Capital, Elevation Capital, Animoca Brands, Spartan Fund, Dragonfly Capital, Variant Fund and Kevin O’leary also participated in the token purchase.