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Switchboard, Led By Google Bigquery Veterans, Announces $7M Series A Funding For Data Product Platform

Jul 27, 2023•over 2 years ago

Amount Raised

$7 Million

Round Type

series a

MiamiSoftware

Investors

The Financial TimesOrange Theory FitnessDot Dash MeredithSwitchboardQuest Venture PartnersGft Ventures

Description

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Company Information

Company

Switchboard

Location

Miami, Florida, United States

About

Switchboard is a decentralized, community curated oracle network built with the goal of making all data, on-chain and off-chain, easily accessible for developers. Switchboard v2 enables builders to bring any data on-chain all through our permissionless decentralized oracle network. Combined with Solana's low transaction fees and high throughput, Switchboard unlocks new use cases around DeFi, NFTs and Gaming.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers