- Bison Trails, a company that provides secure enterprise-grade infrastructure for multiple blockchain networks, announced it raised $25.5 million
Bison Trails — a company that provides secure enterprise-grade infrastructure for multiple blockchain networks — announced that it has raised $25.5 million in Series A funding led by Blockchain Capital with participation from Kleiner Perkins and Coinbase. Collaborative Fund, A Capital, Consensys, and Sound Ventures also joined the round along with early investors Initialized, Accomplice, Galaxy Digital, and Notation.
Bison Trails is the preferred infrastructure provider for more than 20 protocol projects and it is a Founding Member of the Libra Association. And Bison Trails removes the need for customers to spend resources on developing in-house security, DevOps, infrastructure, and blockchain protocol engineering competencies by providing a robust infrastructure for deploying participation node clusters on any protocol. Plus the company lowers the barriers to participating in the decentralized ecosystem and helped accelerate the innovation and adoption of the fastest-growing protocol projects in the world.
“When we started building Bison Trails, we wanted to bring transparency and ease to entrepreneurs bold enough to build in a decentralized ecosystem, investors wise enough to back a nascent market, and enterprises courageous enough to commit to a technological inevitability like blockchain technology and cryptocurrency,” said Joe Lallouz, CEO of Bison Trails. “We have become the easiest way to run infrastructure on multiple blockchains. And have helped the world’s leading protocols, companies and builders launch and manage secure, highly-available, and geographically distributed nodes on blockchain networks.”
The Series A round of funding builds on a momentous year for Bison Trails. Last month, the company joined the Libra Association Council as one of 21 founding members to ensure that the Libra Network is decentralized, secure, and well-orchestrated. And working at the protocol level with various teams, Bison Trails is playing a key role in strengthening the network to support billions of transactions. This year, Bison Trails partnered with dozens of blockchain founders and protocol teams to test, launch, and scale their blockchains.
The Bison Trails team is comprised of serial entrepreneurs and experienced engineers who have a deep understanding of building distributed systems and secure infrastructure. The company’s co-founders — whose previous venture was acquired by Etsy — are well-positioned to bridge the gap between the blockchain and startup industries to further accelerate the growth of adoption.
“We are building a block production and validation infrastructure platform that is secure, reliable, globally-distributed,” added Aaron Henshaw, CTO of Bison Trails. “Our team and culture plays a major role in that and is a huge focus for us as we continue expanding — we aim to bring together world-class engineering, product, and design teams to work together on some of the most interesting and challenging opportunities in the infrastructure space.”
