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Bware Raises $1.2M for Decentralized API Marketplace

Published 05/24/2021, 10:00 AM
Updated 05/24/2021, 10:00 AM
Bware Raises $1.2M for Decentralized API Marketplace

  • Bware Labs has raised $1.2M funding for its decentralized API marketplace.
  • The platform is an alternative to current API solutions with added features.
  • The developer will support multiple blockchains, starting with ETH, BSC, and AVAX.

Decentralized API platform developer Bware Labs has just completed its private funding round. Led by Ascensive Assets, the company was able to raise a total of $1.2 million. This will be used to finance its up-and-coming decentralized API marketplace.

Many high-profile, blockchain-focused investors took part in the round. Morningstar Ventures, Moonrock Capital, The Spartan Group, Genesis Block Ventures, Waterdrip Capital, and Vendetta Capital are just a few of the names. Strong blockchain projects such as Avalanche Foundation and the founders of Ankr provided financial backing.

About the funding round, Flavian Manea, Bware Labs Co-Founder, and CEO stated, “Our goal is to democratize access to blockchain nodes, so that developers across all ecosystems have the to...

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