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news-imageFebruary 19, 2024

AltLayer Secures $14.4M for Rollup Tech Expansion, Boosting Blockchain Scalability

AltLayer, an innovative player in the realm of decentralized protocols, has completed a strategic funding round, amassing $14.4 million to bolster its rollup infrastructure. This financial milestone was achieved through the collective efforts of leading investment firms, with Polychain Capital and Hack VC at the helm as co-leaders of the round.
Publisher: Cryptopolitan
Sentiment: Positive
ALT

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AltLayer Raises $14.4M Led by Polychain and Hack VC

OKX Ventures, HashKey Capital, Bankless Ventures, Primitive Ventures, SevenX, Mask Network, IOSG, and TRGC were also part of the funding round, which concluded in September 2023, as per a statement released today. Previously, in 2022, AltLayer had secured $7.2 million in a seed funding round.

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