Voltage, a bitcoin infrastructure company, has closed its seed funding round on $6m.
Trammell Venture Partners led the investment, with commitments also coming from Craft Ventures, GV, Stillmark, Cavalry Asset Management, Strategic Cyber Ventures, Fulgur Ventures, Tenzing.vc and more.
With the funds, the company hopes to hire a VP of engineering, senior frontend engineer, infrastructure engineer, backend engineer, operations manager and a business development. In the coming months, Voltage’s focus is on the development of enterprise-grade bitcoin and its Lighting infrastructure.
Voltage launched in October 2020 after its founder, Graham Krizek, saw a lack of modern tools and services that support the adoption to the Lightning Network, a payment layer for cryptocurrency.
The FinTech company has built enterprise-grade infrastructure for bitcoin, empowering clients to build, deploy and scale systems for bitcoin. It offers customisable nodes, file encryption, payment processing and more.
Its clients include THNDR Games, Podcast Index, Amboss, Sphinx Chat, Zion, Carrot and more.
Krizek said, “At Voltage, we are building the tools and services needed to take Bitcoin into its next phase of adoption.
“By creating a simple and easy way to interface with Bitcoin and the Lightning Network, we are ushering in a new wave of users and use-cases. It has been amazing watching the Lightning Network come to fruition and we are joined by an incredible ecosystem. We are grateful for the community’s support and will continue our mission to provide easy, scalable solutions to fast-track a Bitcoin standard.”
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