{"id":26864,"date":"2024-02-28T08:59:23","date_gmt":"2024-02-28T08:59:23","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/validation-cloud-raises-5-8m-to-power-enterprise-adoption-of-web3\/"},"modified":"2024-02-28T08:59:23","modified_gmt":"2024-02-28T08:59:23","slug":"validation-cloud-raises-5-8m-to-power-enterprise-adoption-of-web3","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/validation-cloud-raises-5-8m-to-power-enterprise-adoption-of-web3\/","title":{"rendered":"Validation Cloud raises $5.8M to power enterprise adoption of Web3"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/02\/1709106971260-a6547f0e-2e05-4abd-a4d8-b0733dc2c1f6-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/02\/1709106971260-a6547f0e-2e05-4abd-a4d8-b0733dc2c1f6-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/02\/1709106971260-a6547f0e-2e05-4abd-a4d8-b0733dc2c1f6-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/02\/1709106971260-a6547f0e-2e05-4abd-a4d8-b0733dc2c1f6-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li dir=\"ltr\">Validation Cloud announced it secured $5.8 million in a funding round led by Cadenza Ventures.<\/li>\n<li dir=\"ltr\">The Switzerland-based company will use the funding to accelerate adoption of its infrastructure to help with enterprise adoption of Web3.<\/li>\n<\/ul>\n<p dir=\"ltr\">Validation Cloud, a Switzerland-based Web3 data streaming and infrastructure firm, has secured $5.8 million in a funding round led by Cadenza Ventures.<\/p>\n<p dir=\"ltr\">This is Validation Cloud\u2019s first external financing round and funds raised will go towards promoting global <a href=\"https:\/\/coinjournal.net\/news\/tag\/crypto-adoption\/\">enterprise adoption of Web3<\/a>.<\/p>\n<p dir=\"ltr\">According to details in a press release, the oversubscribed round also attracted the participation of prominent global venture firms, including Blockchain Founders Fund, Blockwall, Bloccelerate, Side Door Ventures, GS Futures, Metamatic and AP Capital.<\/p>\n<h2 dir=\"ltr\">Validation Cloud to help Web3 enterprise adoption<\/h2>\n<p dir=\"ltr\">Zug-based <a href=\"https:\/\/www.validationcloud.io\/\" rel=\"noopener noreferrer\" target=\"_blank\">Validation Cloud<\/a> is one of the leading providers of high performance, scalable products in staking, node and data to clients across the globe.<\/p>\n<p dir=\"ltr\">The company\u2019s team include pioneers in proof-of-stake, validation cloud who have built for global industry giants such as Uber, Deloitte, Morgan Stanley and Citadel. Other major companies include <a href=\"https:\/\/coinjournal.net\/news\/tag\/binance\/\">Binance<\/a>, Workday, Crypto.com and R3.<\/p>\n<p dir=\"ltr\">Describing itself as a talent-first company, Validation Cloud has employees across the world. Its operations include providing infrastructure support to companies and platforms in their early stages of development.<\/p>\n<p dir=\"ltr\">Alex Nwaka, the co-founder of Validation Cloud, noted in a statement that scalable and compliant infrastructure is needed to help \u201c<em>onboard the influx of enterprises embracing Web3<\/em>.\u201d\u00a0<\/p>\n<p dir=\"ltr\">The partnership with global investors accelerates the adoption of Validation Cloud\u2019s suite of products by networks, builders, and asset managers, he added.<\/p>\n<p dir=\"ltr\">Kumar Dandapani, managing partner at Cadenza, commented:<\/p>\n<p dir=\"ltr\">\u201c<em>At Cadenza, we do not invest in just any company; we invest in the future of transformative technologies. Validation Cloud\u2019s pioneering role in Proof-of-Stake and their relentless pursuit of next-generation Web3 infrastructure have set them apart as leaders in the Web3 space<\/em>.\u201d<\/p>\n<p dir=\"ltr\">\u201c<em>Cadenza is proud to lead this round and support Validation Cloud\u2019s mission to bridge the gap between traditional enterprises and the expansive power of Web3<\/em>,\u201d Dandapani added.<\/p>\n<p dir=\"ltr\">Validation Cloud has partnered with established blockchain networks such as Chainlink, Stellar and Hedera, as well the emerging Aptos, Eigenlayer, and Berachain.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/validation-cloud-raises-5-8m-to-power-enterprise-adoption-of-web3\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News ) Validation Cloud announced it secured $5.8 million in a funding round led by Cadenza Ventures. The Switzerland-based company will use the funding to accelerate adoption of its infrastructure to help with enterprise adoption of Web3. Validation Cloud, a Switzerland-based Web3 data streaming and [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":26865,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/26864"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=26864"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/26864\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/26865"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=26864"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=26864"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=26864"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}