Corporate information
Official name
Offchain Labs, Inc.
Registration country
Affiliated coins
Company type
New York based company that is building a suite of scaling solutions for Ethereum.Overview
Offchain Labs is a venture-backed and Princeton-founded company that was the initial developers of Arbitrum, a suite of secure scaling solutions for Ethereum. Arbitrum's technologies instantly scale dApps, significantly reducing costs and increasing speed, without sacrificing Ethereum's security. Porting contracts to Arbitrum requires no code changes or downloads as Arbitrum is fully EVM compatible. Offchain Labs also maintains Prsym, the leading Ethereum consensus client.
Funding rounds
Venture
at USD 1,200,000,000 pre-money valuation
USD 1.2 billion post-money valuation.
Investor | Profile | Country | Notes | |
---|---|---|---|---|
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Clifton Bay Investments LLC | USD 15,000,000 (USD 15,000,000) Initial investment. |
Investment activity status
Active investor
Team
Employee | Position | ||
---|---|---|---|
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Edward Felten (founder) | ||
Steven Goldfeder (founder) |