Crypto Data Firm Dune Analytics Raises $8M — Series A Round Led by Union Square Ventures
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Crypto Data Firm Dune Analytics Raises $8M — Series A Round Led by Union Square Ventures

THELOGICALINDIAN - The aggregation abaft the belvedere that allows users to clue abstracts on the Ethereum blockchain Dune Analytics appear the close has aloft 8 actor from cardinal investors like Union Square Ventures Dune Analytics abundant the close affairs to advantage the new costs in adjustment to appoint added advice and adviser added blockchains

Crypto Metrics Provider Dune Analytics Raises $8 Million

Crypto abstracts casework and analytics has apparent massive appeal in 2021 as anybody wants to accumulate factoids on their admired crypto assets. Bitcoin.com News afresh reported on the crypto close Messari adopting $21 actor in a costs round.

Furthermore, the crypto analytics aggregation Skew was acquired by Coinbase this year and Coin Metrics afresh raised $15 million with Goldman Sachs arch the round. Dune Analytics is a set of abstracts accoutrement that users can advantage for chargeless in adjustment to accumulate acumen on Ethereum and decentralized accounts (defi) analytics.

Last September, Dune Analytics aloft $2 actor in berry allotment and on Thursday the aggregation revealed adopting $8 actor in a Series A. The Series A annular was led by Fred Wilson’s Union Square Ventures. Additionally, adventure firms like Multicoin Capital, Redpoint Ventures, and Dragonfly abutting the Dune Analytics Series A round.

Dune Analytics’ accoutrement action a abundant cardinal of archive and graphs but users can additionally actualize their own abstracts charts. The web aperture offers insights to abstracts apropos the contempo EIP1559 accomplishing so ETH users can beam metrics like fees burned. Dune Analytics offers decentralized barter (dex) volumes, non-fungible badge (NFT) exchange abstracts and analytics assuming the cardinal of defi users over time.

“At Dune Analytics we’re on a mission to accomplish crypto abstracts accessible. This is a mission that is accepting harder by the day,” the company’s basic accession advertisement noted. “Every new product, chain, and ascent band-aid increases abstracts bulk and breach as they abound in acceptance and throughput. Nevertheless, we are bent to apprehend this mission by authoritative every distinct absorbing metric beyond every distinct crypto abstracts antecedent calmly attainable for chargeless to the community.”

Dune Analytics: ‘The Data Must Flow’

In accession to Dune Analytics, Skew, Coin Metrics, and Messari, the aggregation Dappradar aloft $5 actor aftermost May. At the end of June, the crypto abstracts close Nansen aloft $10 actor from investors.

“At Dune Analytics we’re a baby aggregation with an outsized appulse on the approaching of accounts and banking data,” the Dune Founders Fredrik and Mats concluded. “Throughout this year we’ve developed the Dune aggregation to eight bodies advance throughout Europe. To added accredit acceptable admission to crypto abstracts beyond added use cases, abstracts sources and at a bigger calibration we’re now hiring for a ambit of roles. The abstracts charge flow.”

What do you anticipate about Dune Analytics adopting $8 actor in a Series A costs round? Let us apperceive what you anticipate about all these crypto analytics firms adopting millions in 2024 in the comments area below.

Image Credits: Shutterstock, Pixabay, Wiki Commons, Dune Analytics,