NodeOps has secured $5 million in seed funding aimed at enhancing and streamlining blockchain node deployment and management processes.
As per a recent social media update by NodeOps, the funding round was spearheaded by L1D, with notable participation from Blockchain Founders Fund, Finality Capital, Oakgrave Ventures, Douple Peak Group, Momentum6, Bitscale Capital, and other investors.
Expressing his support for NodeOps’ mission to simplify operations for developers and node operators, L1D Managing Partner Ray Hindi remarked, “NodeOps’ commitment to removing obstacles for developers and node operators aligns with our vision. I am pleased to endorse this initiative, contributing to a more secure future for the Ethereum ecosystem.”
NodeOps’ Mission to Advance Node Services
Among the angel investors were Richard Ma from Quantstamp, former Polygon co-founder JD Kanani, Rushi Manche from Movement Labs, and Dorothy Liu at AltLayer.
NodeOps expressed their aim to enhance accessibility and efficiency in reliable infrastructure, thereby fostering innovation and expansion.
“Empowered by this funding, we eagerly embark on our next phase of developing a permissionless Node Orchestration Layer Enabling Value Capture Engine for the on-chain ecosystem. We also look forward to broadening our operations to accommodate a wider array of protocols,” the statement reads.
Permissionless Infrastructure on EigenLayer
NodeOps stands as a pioneer in leveraging artificial intelligence as the backbone of web3 protocols. Positioned as the inaugural permissionless infrastructure marketplace on EigenLayer, it endeavors to elevate AI, DePIN, and DeFi protocol infrastructure.
“The growth trajectory of NodeOps underscores the unwavering dedication of our team and the confidence instilled in us by our investors. Bolstered by this fresh infusion of capital, we are primed to redefine the landscape of node infrastructure, driving efficiency and sustainability,” remarked Naman Kabra, co-founder of the company.
Additionally, the company aims to introduce an AVS on EigenLayer, aimed at establishing a value capture engine for developers and node operators. This initiative seeks to fortify economic security while enhancing engagement and productivity within the ecosystem.