Difference between revisions of "Offchain Labs"

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== Basics ==
== Basics ==
* Ed Felten, former Obama deputy chief technology officer and founder of Offchain Labs, just raised $3.7M in a funding round led by [[Pantera Capital]]; Offchain's premiere product, [[Arbitrum]], is an [[Ethereum (ETH)|Ethereum]] based [[Permissioned|permissioned blockchain]] for businesses; planned for a two part release in later this year, Arbitrum is working toward interoperability with other major chains
* Ed Felten, former Obama deputy chief technology officer and founder of Offchain Labs, just raised $3.7M in a funding round led by [[Pantera Capital]]; Offchain's premiere product, [[Arbitrum]], is an [[Ethereum (ETH)|Ethereum]] based [[Permissioned|permissioned blockchain]] for businesses; planned for a two part release in later this year, Arbitrum is working toward interoperability with other major chains
*Bought [[Prysmatic Labs]] (10-2022)


== Team, investors, etc. ==
== Team, Funding, Partners, etc. ==
* [[Ed Felten]]; Co-Founder & Chief Scientist
* [[Ed Felten]]; Co-Founder & Chief Scientist
*[[Steven Goldfeder]]; CEO & co-founder
*[[Harry Kalodner]]; co-founder
*[[Rachel Bousfield]] 10 has been a software engineer at Offchain Labs since 2021. She is currently leading the development of Stylus.
=== Funding ===
*[[Espresso Systems]]; [https://medium.com/@espressosys/scaling-ethereum-without-compromise-5cdf035dd14b part] of their $28 Series B (21-3-2024).
*Had [https://docs.google.com/spreadsheets/d/1xoYqw-5EjQIiunX75UzozzMPOspm0KwFzgA-SKBcvyo/edit#gid=0 investment] from bankrupt [[FTX (FTT)|Alameda Research]]/FTX, which [https://twitter.com/Edvis100/status/1591106606716313600 came out] (11-11-2022) during the FTX crash. This could mean fall-out risk since this $15M worth of equity will likely be sold due to bankruptcy.
=== Partners ===
* Started partnering with [[Espresso Systems]] to bring [[decentralized]] and open shared sequencing technology to [[Ethereum (ETH)|Ethereum]] [[rollups]] (12-9-2023).
[[Category:Companies/Organisations]]
[[Category:Companies/Organisations]]

Latest revision as of 08:51, 30 March 2024

Basics

  • Ed Felten, former Obama deputy chief technology officer and founder of Offchain Labs, just raised $3.7M in a funding round led by Pantera Capital; Offchain's premiere product, Arbitrum, is an Ethereum based permissioned blockchain for businesses; planned for a two part release in later this year, Arbitrum is working toward interoperability with other major chains
  • Bought Prysmatic Labs (10-2022)

Team, Funding, Partners, etc.

Funding

Partners