NodeOps Secures $5 Million in Funding to Transform Node Infrastructure
NodeOps, a company specializing in blockchain node deployment and management, has successfully raised $5 million in seed funding. The funding round was led by L1D, with participation from prominent investors such as Blockchain Founders Fund, Finality Capital, Oakgrave Ventures, Douple Peak Group, Momentum6, Bitscale Capital, and others.
Ray Hindi, Managing Partner at L1D, expressed his support for NodeOps’ mission, stating, “NodeOps’ mission to break down barriers for developers and node operators, providing them with the tools they need, resonates with me. I’m glad to support this initiative and, thereby, a more secure future for the Ethereum ecosystem.”
NodeOps aims to advance node services by improving accessibility and efficiency in reliable infrastructure, thereby supporting innovation and growth. The company has received backing from notable angel investors, including Richard Ma from Quantstamp, former Polygon co-founder JD Kanani, Rushi Manche from Movement Labs, and Dorothy Liu at AltLayer.
With the newly secured funding, NodeOps is excited to enter its next phase of development, creating a permissionless Node Orchestration Layer Enabling Value Capture Engine for the on-chain ecosystem. The company also plans to expand its operations to support a wider range of protocols.
As one of the pioneers in utilizing artificial intelligence as infrastructure for web3 protocols, NodeOps is focused on enhancing AI, DePIN, and DeFi protocol infrastructure. It is the first permissionless infrastructure marketplace on EigenLayer.
Naman Kabra, co-founder of NodeOps, expressed his enthusiasm for the company’s growth and the opportunities it presents. “NodeOps’ growth trajectory is a testament to our team’s dedication and the trust placed in us by our investors. With this new capital, we are poised to revolutionize the node infrastructure landscape, making it more efficient and sustainable,” Kabra said.
In addition to its current offerings, NodeOps plans to launch an AVS on EigenLayer, which will create a value capture engine for developers and node operators. This initiative aims to provide economic security and improve engagement and productivity within the ecosystem.
For the latest updates from NodeOps, follow them on Google News.
