Allium Raises $16.5M to Revolutionize Blockchain Data Analysis
July 19, 2024, 9:32 am
Location: United States, New York
Employees: 501-1000
Founded date: 2014
Total raised: $996.1M
Allium, a blockchain data platform, secures $16.5 million in funding to simplify the complex world of blockchain data analysis. Led by Theory Ventures, this funding round aims to propel Allium into the forefront of the blockchain data industry. With the support of seed investors Kleiner Perkins and Amplify Partners, Allium's total capital now stands at $21.5 million.
Allium's mission is clear: to provide enterprise-grade blockchain data solutions that empower clients to make strategic decisions, identify growth opportunities, and streamline business operations. In a world where blockchain adoption is on the rise and data volumes are skyrocketing, Allium aims to be the go-to platform for simplifying and interpreting blockchain data.
CEO Ethan Chan emphasizes the challenges of tracking digital currency volumes across multiple blockchain networks, highlighting the need for a streamlined and user-friendly solution. Allium's goal is to take the complexity out of blockchain data analysis, allowing customers to focus on innovation and growth.
The company's innovative approach to blockchain data delivery has already attracted top-tier clients such as Visa and Stripe, who rely on Allium's platform for their crypto activities. By partnering with industry leaders like Visa, Allium is paving the way for broader adoption of blockchain technology and digital assets.
With the new funding, Allium plans to invest in data infrastructure and expand its services to cater to financial institutions, payment providers, and brokerages. By offering launchpads for these entities to embrace digital assets, Allium is poised to revolutionize the way businesses interact with blockchain technology.
In a world where data is king, Allium is leading the charge to simplify and democratize blockchain data analysis. With a focus on transparency, trust, and innovation, Allium is set to transform the way businesses harness the power of blockchain technology.
Allium's mission is clear: to provide enterprise-grade blockchain data solutions that empower clients to make strategic decisions, identify growth opportunities, and streamline business operations. In a world where blockchain adoption is on the rise and data volumes are skyrocketing, Allium aims to be the go-to platform for simplifying and interpreting blockchain data.
CEO Ethan Chan emphasizes the challenges of tracking digital currency volumes across multiple blockchain networks, highlighting the need for a streamlined and user-friendly solution. Allium's goal is to take the complexity out of blockchain data analysis, allowing customers to focus on innovation and growth.
The company's innovative approach to blockchain data delivery has already attracted top-tier clients such as Visa and Stripe, who rely on Allium's platform for their crypto activities. By partnering with industry leaders like Visa, Allium is paving the way for broader adoption of blockchain technology and digital assets.
With the new funding, Allium plans to invest in data infrastructure and expand its services to cater to financial institutions, payment providers, and brokerages. By offering launchpads for these entities to embrace digital assets, Allium is poised to revolutionize the way businesses interact with blockchain technology.
In a world where data is king, Allium is leading the charge to simplify and democratize blockchain data analysis. With a focus on transparency, trust, and innovation, Allium is set to transform the way businesses harness the power of blockchain technology.