New York City-based Bison Trails, a provider of secure, enterprise-grade infrastructure for multiple blockchain networks, has secured $25.5 million in Series A funding. Blockchain Capital led the round with participation from Kleiner Perkins, Coinbase, Collaborative Fund, A Capital, Consensys, Sound Ventures, Initialized, Accomplice, Galaxy Digital and Notation.
New York, NY — NOVEMBER 19, 2019 — Bison Trails, a technology company that provides secure, enterprise-grade infrastructure for multiple blockchain networks, announced today it has completed a $25.5MM Series A round of financing. Blockchain Capital led the investment round, with participation from Kleiner Perkins and Coinbase, joined by Collaborative Fund, A Capital, Consensys, and Sound Ventures, as well as early investors Initialized, Accomplice, Galaxy Digital, and Notation.
Bison Trails is the preferred infrastructure provider for 20+ protocol projects and is a Founding Member of the Libra Association. The company 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. By lowering the barriers to participating in the decentralized ecosystem, Bison Trails has 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 financing builds on a momentous year for Bison Trails. In mid-October, 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. Working at the protocol level with various teams, Bison Trails will be playing a key role in strengthening the network to support billions of transactions. This year alone, Bison Trails partnered with dozens of blockchain founders and protocol teams to test, launch, and scale their blockchains.
Bison Trails’ team is comprised of serial entrepreneurs and experienced engineers with a deep understanding of building distributed systems and secure infrastructure. Its 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,” said 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.”
Bison Trails is hiring in New York City. Learn more about opportunities to join the team and build pathways to a decentralized future.
About Bison Trails
Bison Trails, an innovative technology company based in New York City, provides a multi-cloud, geographically distributed infrastructure platform with enterprise-grade security, orchestration, redundancy, and scaling to run highly efficient nodes on blockchain networks.
About Blockchain Capital
Blockchain Capital is a leading venture firm in the blockchain industry with over 80 investments in companies and protocols in the sector, across different stages, geographies and asset types over the last 7 years.
The company was founded in October 2013 by Bart Stephens, Bradford Stephens and Brock Pierce, chairman of the Bitcoin Foundation.