.
MergerLinks Header Logo

Announced

Completed

A16z and Paradigm led a $150m Series B funding round in Optimism.

Financials

Edit Data
Transaction Value£113m
Consideration TypeCash
Capital Owned-
Capital Bid For9%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

Edit

Tags

Edit

Private Equity

Friendly

Domestic

Software

Private

United States

Completed

Venture Capital

Minority

software company

Acquisition

Synopsis

Edit

A16z, a venture capital firm, and Paradigm, a crypto-focused investment firm, led a $150m Series B funding round in Optimism, a develpoer of a secure decentralized infrastructure intended for scaling Ethereum. The company is planning to hire more people to complete its already sizeable team in order to keep delivering features. Optimism has 18 job offerings currently open across several departments, ranging from software development-related jobs to finance openings.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US