Company Led by Former Coinbase and AWS Engineers Simplifies Developer Integration onto World’s Leading Blockchain
Series A Led by Foundation Capital, with Participation from Reciprocal Ventures, 6th Man Ventures, Chapter One, Propel, and Solana Ecosystem Founders
TORONTO–(BUSINESS WIRE)–Helius, a vertically integrated developer platform that helps high-performance crypto applications build better, cheaper, and faster on Solana, today announced the close of its $9.5M Series A round. The round was led by Foundation Capital, with participation from Reciprocal Ventures, 6th Man Ventures, Chapter One, Propel, Balaji Srinivasan, Anatoly Yakovenko, Raj Gokal, and Kyle Samani, among other Solana ecosystem founders.
While Solana is perhaps the most scalable, secure, and composable Layer 1 blockchain, it has also created friction for some developers. Like other blockchains, scaling transactions and speed to meet growing demand has been a consistent challenge, and has forced
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