About Offchain Labs
Offchain Labs developing Arbitrum, a suite of scaling technologies for Ethereum. Arbitrum's technology instantly scales applications, reducing costs and increasing capacity, without sacrificing Ethereum's security. The company was founded in 2018 and is based in New York, New York.
ESPs containing Offchain Labs
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The layer-2 blockchain scaling solutions market offers solutions for customers who want to scale their decentralized applications on blockchain platforms. These solutions allow customers to take the majority of their traffic off the main blockchain, resulting in faster transactions and lower costs. By using these solutions, customers can achieve their goals of using decentralized blockchain ledger…
Research containing Offchain Labs
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Offchain Labs in 1 CB Insights research brief, most recently on Jul 30, 2022.
Expert Collections containing Offchain Labs
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Offchain Labs is included in 3 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
Companies in this collection build, apply, and analyze blockchain and cryptocurrency technologies for business or consumer use cases. Categories include blockchain infrastructure and development, crypto & DeFi, Web3, NFTs, gaming, supply chain, enterprise blockchain, and more.
Gaming companies are defined as those developing technologies for the PC, console, mobile, and/or AR/VR video gaming market.
Latest Offchain Labs News
Dec 5, 2023
Curvance introduces a new, efficient approach for users to yield farm and maximize yield on their DeFi investments Curvance , a full-service omnichain money market for yield-bearing, LSDfi, tokenized treasuries, and primitive assets, announces the close of a $3.6M seed round supported by Offchain Labs, Wormhole, prominent angel investors including Polygon Co-Founder Sandeep Nailwal, and core contributors from Scroll, Mantle, Eigenlayer, GMX, Curve Finance, Convex Finance, Balancer, Aura Finance, and Pendle Finance. Decentralized Autonomous Organizations (DAOs) such as Frax Finance and others also contributed to the round. Founded in 2022, Curvance is the “everything app” for lending and borrowing, providing decentralized finance (DeFi) users with an all-encompassing way to manage any of their assets, eliminating fragmentation and barriers to entry in the ecosystem. “Curvance will give users of any blockchain an easy route to participate in Polygon DeFi, with the potential to make onboarding easier than ever. As DeFi on Polygon zkEVM and Polygon CDK continue to gain momentum, reducing friction into DeFi opportunities is more powerful than ever,” says Sandeep Nailwal from Polygon. By tapping into omnichain infrastructure, Curvance is able to support Ethereum , as well as numerous partner chains simultaneously such as Arbitrum, Optimism, Scroll, Base, and Polygon zkEVM. Curvance’s cross-functional omnichain design unlocks capital efficiency not possible prior, working in tandem with Decentralized Exchanges (DEXs) like Curve, Balancer, Velodrome, GMX, Pendle, and other assets such as Liquid Staking Derivatives (LSDs). “With this funding round, Curvance will be able to expand on its value proposition of bringing forward a more approachable money market experience for both DeFi newcomers and experienced yield farmers and traders alike “ says Curvance Co-Founder, Chris Carapola. “We are excited to have attracted a group of investors who bring incredible experience and are ready to work with us toward our shared vision.” Carapola says the raised capital will be used to continue Curvance’s operations costs, support continued security audits, as well as maintain and hire more in-house talent for the project. “When we started looking for funding, we chose to talk to our partners first, instead of just going to venture capital firms,” commented Curvance Co-Founder Michael Butcher. “This way, we ended up with a group of investors who care about our long-term success. We’re happy with how it turned out and can’t wait to launch Curvance on testnet soon.” Users can learn more about Curvance by visiting Curvance’s website and follow them on Twitter . About Curvance Curvance is a full-service omnichain money market for yield-bearing assets. Users can collateralize, leverage, and boost asset rewards across DeFi, with optimal efficiency, and consolidate DeFi yield across various assets such as AMM LPs, Perpetual Exchange LPs, interest-bearing stablecoins, and more, in one user interface.
Offchain Labs Frequently Asked Questions (FAQ)
When was Offchain Labs founded?
Offchain Labs was founded in 2018.
Where is Offchain Labs's headquarters?
Offchain Labs's headquarters is located at New York.
What is Offchain Labs's latest funding round?
Offchain Labs's latest funding round is Series B.
How much did Offchain Labs raise?
Offchain Labs raised a total of $123.7M.
Who are the investors of Offchain Labs?
Investors of Offchain Labs include Pantera Capital, Ribbit Capital, Lightspeed Venture Partners, Mark Cuban, Redpoint Ventures and 9 more.
Who are Offchain Labs's competitors?
Competitors of Offchain Labs include Solv Protocol and 4 more.
Compare Offchain Labs to Competitors
Polygon focuses on developing Ethereum scaling solutions in the blockchain industry. The company offers a suite of protocols that provide developers with access to major scaling solutions, including layer 2s, sidechains, hybrid chains, app-specific chains, enterprise chains, and data availability protocols. These solutions enable fast transactions at near-zero gas fees, secure relationships between users and decentralized apps, and the building of Ethereum Layer 2s with industry-leading technology. Polygon was formerly known as Matic Network. It was founded in 2017 and is based in Camana Bay, Cayman Islands.
Optimism operates as an Ethereum-based decentralized infrastructure platform. It allows transactions and scalable smart contracts. The company was formerly known as Plasma Group. It was founded in 2019 and is based in New York, New York.
mintBlue is a company focused on providing enterprise infrastructure for decentralized storage and authentication, operating in the blockchain technology sector. The company offers services such as immutable storage and identity authentication, enabling organizations to have absolute control over their data. mintBlue's services are primarily utilized by product teams in various sectors, particularly those requiring large-scale data control. It was founded in 2021 and is based in Amsterdam, Netherlands.
SKALE Labs develops a blockchain scalability platform to bring speed, decentralization, and security to Web3 applications. It provides high-speed consensus and empowers applications to run smart contracts and also combines cryptography and decentralization with technology. The company was founded in 2018 and is based in San Francisco, California.
Bobaan develops a decentralized autonomous organization (DAO) and next-generation ethereum optimistic rollup scaling solution. It offers an optimistic-based multichain layer-2 scaling solution and augmenting solution. The company was founded in 2021 and is based in San Francisco, California.
zkSync is a company focused on scaling the technology and ethos of Ethereum, operating in the blockchain and cryptocurrency industry. The company offers a Layer-2 protocol that enhances Ethereum's throughput while preserving its core values such as freedom, self-sovereignty, and decentralization. zkSync's services include facilitating the exchange of fiat currencies for cryptocurrencies, reviewing transactions, blocks, contracts, and more, and providing a platform for the development of apps and solutions within the zkSync ecosystem. It is based in Amsterdam, Netherlands.