We are thrilled to announce that Gelato Network has successfully raised $11 million in a recent funding round, solidifying our position as a leading Ethereum Rollup-as-a-Service (RaaS) platform. This significant funding round was led by prominent investors committed to the future of decentralized technologies, and it enables us to further enhance our offerings and accelerate the development of our innovative platform. Gelato is designed for unprecedented speed, rock-solid security, and limitless scalability, empowering users to build and deploy fully serviced Layer 2 chains seamlessly integrated into the Web3 ecosystem.
Our rollup solutions have become the backbone of many leading Web3 projects, facilitating the execution of millions of transactions across DeFi, NFTs, and gaming sectors. With this new capital injection, we plan to invest in expanding our engineering team to refine our technology and enhance our developer tools. Furthermore, we will increase outreach to the Web3 community to ensure that all developers can leverage our production-ready development environment from the Genesis block. The future of decentralized applications is here, and Gelato is at the forefront of this transformation. For more details on our journey or to get involved, don’t hesitate to reach out via email at hi@gelato.digital, follow us on Twitter at https://twitter.com/gelatonetwork, or join our Telegram community at https://t.me/gelatonetwork. Together, let’s empower the next wave of Web3 innovation!
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