PARSIQ
Published in

PARSIQ

PARSIQ Secures $3M in Funding Round

Today we are extremely proud to announce the last participants from our recently completed funding round. In the first two parts, we’ve covered Evan Cheng from Facebook and Chainlink and Wayne Lin from Axia8 who both participated in this funding round, but furthermore, decided to join the PARSIQ team as advisors.

The round was backed by Solana Foundation and Axia8 Ventures, with additional participation from Mindworks VC, Krypital Group, CoinUnited, Transfero Swiss, Elevate Ventures, Sanctum Ventures and others. Evan Cheng, Director of Research at Facebook’s Novi Financial (formerly Calibra), has contributed to the round as an individual investor. The venture round marks the first time that PARSIQ collected funds from institutional investors, having been previously entirely funded through a public token sale in 2019.

The venture funding round has been devised to obtain new strategic partners and better position PARSIQ in the cryptocurrency ecosystem, offering major players a stake in the project’s success. PARSIQ will work with the new investors on product development, go-to market strategies and marketing, benefiting from the partners’ expertise and position in the market. In particular, PARSIQ will collaborate with the Solana Foundation to bring its Smart-Triggers to Solana ecosystem projects, allowing them to easily read and respond to blockchain data without having to develop custom solutions. PARSIQ currently supports major blockchains like Bitcoin, Ethereum, as well as Solana, Binance Smart Chain and others.

“We are excited to have received the support of this diverse and highly regarded set of crypto ecosystem participants,” said Tom Tirman, CEO of PARSIQ. “While our runway was more than sufficient from our earlier raise, we felt that to guarantee the success of our project, we needed additional support from major players. With their help, we will be able to mount the strongest marketing and development push for PARSIQ yet.”

Anatoly Yakovenko, CEO of Solana Labs. “Having reliable and simple access to blockchain data on Solana means that projects building on our platform will have fewer headaches in building out their stack, allowing them to concentrate on their product and PARSIQ is positioned to help bridge the off-chain and on-chain world.”

--

--

--

Full-suite data network used to build the backend for all web3 dApps & protocols.

Recommended from Medium

Attendance NFTs: How To Mint Your POAP NFT for the Attendance at the Crypto Assets Conference (CAC)…

Why One Economist Says Bitcoin Will Never Replace Gold

Setting up a professional development environment for Ethereum Smart Contracts development.

COTI Community! this is your time to shine!

Review Of Trezor Wallet: Simple, Secure and Powerful Cryptocurrency Hardware Wallet

CrypCade.io — September 2020 Review — TronList

AIOS — Social ICO About To Live.

Ludena Protocol Announces Partnership with the First FPS blockchain Game Kill Box!

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
PARSIQ

PARSIQ

Go-to backend for web3 applications 🌊

More from Medium

PARSIQ Q&A #43

Thank you community! CTSI is Now Listed on Bancor.

holoride x VenusQueen — 31st Jan, 2022

Introducing the fourth round of Glitch Community Advocates