{"id":402777,"date":"2022-02-02T20:00:00","date_gmt":"2022-02-02T17:00:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/dune-analytics-raises-near-70m-in-series-b-funding-round\/"},"modified":"2022-02-02T20:00:00","modified_gmt":"2022-02-02T17:00:00","slug":"dune-analytics-raises-near-70m-in-series-b-funding-round","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/dune-analytics-raises-near-70m-in-series-b-funding-round\/","title":{"rendered":"# Dune Analytics raises near-$70M in Series B funding round"},"content":{"rendered":"

“# Dune Analytics raises near-$70M in Series<\/a> B funding round <\/strong>”
\n<\/p>\n

Dune Analytics, a leading data analytics platform, has announced a capital raise of $69,420,000, in addition to a $1 billion-dollar valuation, the latter of which means that the company attained “unicorn” status, which describes privately-held startups that have attained a valuation of $1 billion or more.\u00a0<\/p>\n

The Series B raise was led by New-York based private equity firm Coatue, with additional participation from previous investors Multicoin Capital and Dragonfly Capital, among others.<\/p>\n

The raise succeeds the company\u2019s seed funding round of $2 million in September 2020 \u2014 of which Dragonfly Capital Partners was the lead investor \u2014 and its follow-up Series A raise of $8 million in August 2021 led by\u00a0Union Square Ventures.<\/p>\n

According to the announcement, the capital will be utilized<\/a> to \u201ceducate, reward, and foster a new generation of analysts, who will be empowered with real-time, actionable insights into web3 data.\u201d<\/p>\n

Dune Analytics is highly-regarded throughout the space for providing real-time, on-chain quantitative metrics, graphics and charts on the crypto, blockchain, decentralized finance (DeFi), and more recently, nonfungible token (NFT) markets. As of now, the platform publishes blockchain data from Ethereum, Polygon, Optimism, Binance Smart Chain and xDAI.<\/p>\n

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Blockchains generate an *ocean* of data<\/p>\n

As more and more value moves to crypto…<\/p>\n

Extracting insight from it presents historic opportunities many times greater than siloed, paywalled data platforms of the TradFi past<\/p>\n

The revolution will not be reported quarterly<\/p>\n

\u2014 Dune Analytics (@DuneAnalytics) February 2, 2022<\/a><\/p><\/blockquote>\n