Comcast Ventures, the venture capital arm of Comcast Corporation, is leading a $3,275,000 seed round investment in blockchain startup Blockdaemon.
The seed funding round also drew support from Boldstart Ventures, MState, Plug & Play, Liquid 2 Ventures and angels Meagan Jones (seed investor Bitfury), Sam Lessin (Ex-Facebook), and Jeff Fagnan from Accomplice. Comcast Ventures Managing Director and Founder and Managing Partner of Genacast Ventures, Gil Beyda will join the board of Blockdaemon as part of the investment.
“The global blockchain market is expected to grow significantly over the next few years as wide-ranging industries begin to understand the potential,” Beyda said. “We are excited to support Blockdaemon as it simplifies the adoption of this versatile technology while empowering developers to create real value.”
Founded in 2017, Blockdaemon offers a multi-chain multi-cloud network management tool that can deploy nodes and connect them to blockchains within minutes. Konstantin Richter, CEO and Founder of Blockdaemon, explained that the Blockdaemon platform enables companies to launch new permission blockchain projects in minutes instead of months.
According to the official release, Blockdaemon is launching its public deployment tool for Ethereum and Bitcoin nodes, which will allow them to be deployed and connected to MIST or MyEtherWallet, and paid for by Bitcoin, Ether, Zcash, etc. The service runs on Blockdaemon’s own infrastructure and is offered at a 90% discount in comparison to other cloud providers.
"Developer productivity in large enterprises is a major factor in driving innovation and key to that is making infrastructure invisible,” said Ed Sim, Managing Partner at Boldstart Ventures and Blockdaemon board member, “Blockdaemon’s nodes as a service is a first of its kind platform in the blockchain market, allowing developers to deploy nodes on any blockchain on any cloud in minutes instead of weeks and months. Combine that with the ability to scale and you have a winning solution for the long-term."
