Blockchain Firm StarkWare Raises $50M Series C Funding Round at a $2B Valuation

Posted on by American Coins & Gold

Blockchain Firm StarkWare Raises M Series C Funding Round at a B Valuation
Israel-based startup StarkWare, which provides a way to scale the use of blockchain, has raised $50 million in a Series C funding round led by Sequoia Capital, and is now valued at $2 billion, the company announced Tuesday.The latest funding comes just seven months after StarkWare closed a $75 million Series B funding round led by Paradigm.The funding will be used to support the deployment of the StarkNet platform, which allows anyone to build blockchain apps. StarkWare’s technology has until now been available only to clients through its scaling engine StarkEx.Starkware’s method for blockchain-based computation is used by leading platforms…