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Chicago Illinois based bloXroute Labs is raising $9,600,000.00 in New Equity Investment.

Chicago Illinois based bloXroute Labs is raising $9,600,000.00 in New Equity Investment.

August 17, 2021 Craig Etkin

Chicago, IL – According to filings with the U.S. Securities and Exchange Commission, bloXroute Labs is raising $9,600,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Uri Klarman played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About bloXroute Labs
bloXroute is a blockchain scalability solution that allows cryptocurrencies and blockchains to scale on-chain, without protocol changes. bloXroute solves the network scalability bottleneck by addressing the substantial time required for all nodes to synchronize when handling large volumes of TPS. Most importantly, bloXroute by design does this in a neutral way.

To learn more about bloXroute Labs, visit http://bloxroute.com/

Contact:
Uri Klarman, Chief Executive Officer
847-730-7977
uri@bloxroute.com
https://www.linkedin.com/in/uriklarman/

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Copyright (c) 2021 SI360 Inc. All rights reserved


Venture Capital
1600, bloXroute Labs, Chicago, Illinois, Venture Capital

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