Auradine Raises $81 Million in Series A Financing for Next-Generation Web Infrastructure
16 Maio 2023 - 11:00AM
Auradine, a pioneer in web infrastructure solutions including
blockchain, security and privacy, today announced that it has
raised $81 million in its initial round of funding.
The Series A funding was led by Celesta Capital and Mayfield,
with Sriram Viswanathan of Celesta and Navin Chaddha of Mayfield
joining the Auradine board. Other investors included Marathon
Digital Holdings (NASDAQ:MARA), Cota Capital, DCVC, and Stanford
University.
New technologies including Blockchain, AI and privacy are poised
to make a multi-trillion-dollar impact on the global economy. A
highly scalable, sustainable, and secure infrastructure is
essential to enable this transformation. Auradine is developing
disruptive infrastructure solutions leveraging cutting-edge
technologies such as energy-efficient silicon, zero-knowledge
proofs and AI to deliver an unmatched value proposition for
decentralized applications.
Auradine was founded in 2022 by a world-class team of seasoned
entrepreneurs and technologists with deep expertise in security,
SaaS, semiconductors, and systems, from companies such as Palo Alto
Networks, Marvell, Intel, Google and Wells Fargo. The team has a
sustained track record of delivering market-leading products that
have generated over $10 billion in revenues at multi-billion
infrastructure companies and unicorns.
Auradine has also established a board of strategic advisors and
investors, which includes senior industry leaders and founding
members of Palo Alto Networks and Cavium. Further, the company has
created a technology advisory board consisting of professors from
UC Berkeley, University of Michigan and University of Illinois
Urbana-Champaign who are at the forefront of research in security
and privacy.
"With their unique vision and all-star team, we are confident
Auradine will deliver important solutions in the race to unlock the
full potential of decentralized applications and digitized assets,"
said Sriram Viswanathan, Founding Managing Partner, Celesta
Capital. "We are thrilled to support Auradine as they pursue this
incredible opportunity to power the future of blockchain and
privacy – the progress they have already made is remarkable."
"The Auradine team of bold entrepreneurs are building a web
infrastructure platform that will enable a new era of decentralized
and distributed applications," said Navin Chaddha, Managing
Director, Mayfield. "We are excited to serve as inception investor
on their journey to leverage AI, blockchain, and privacy
technologies to help create an industry leader."
"We are delighted to receive the support of top-tier investors
who share our vision and passion for building the web
infrastructure of the future," said Rajiv Khemani, Co-founder and
CEO of Auradine. "With this funding, we will accelerate our
development and go-to-market efforts to deliver breakthrough
solutions."
About Auradine Auradine is a pioneer in web
infrastructure solutions including blockchain, privacy and AI. The
company is building breakthrough software, hardware and cloud
solutions to enable a highly scalable, sustainable and secure
infrastructure. Auradine was founded in 2022 by a team of seasoned
entrepreneurs and technologists with deep expertise and proven
track record insecurity, SaaS, semiconductors, and systems. The
company is headquartered in Silicon Valley, California. For more
information, visit www.auradine.com.
Media Contact: Sanjay
Guptamedia@auradine.com
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