New York City-based Bison Trails, a technology company that provides secure, enterprise-grade infrastructure for multiple blockchain networks, announced that it has raised $25.5 million in its Series A funding round led by Blockchain Capital.
Founded in 2018 by Aaron Henshaw and Joe Lallouz, Bison Trails said it provides the easiest way to run infrastructure on multiple blockchains. It offers a multi-cloud, geographically distributed infrastructure platform with enterprise-grade security to run highly efficient nodes on blockchain networks.
“Our platform removes the need for customers to spend resources on developing in-house security, devops, infrastructure, and blockchain protocol engineering competencies by providing a robust infrastructure for deploying participation node clusters on any protocol,” Bison Trails explained.
The Series A funding round, which brought the startup’s total funds raised to date to $30.8 million, was also backed by Kleiner Perkins, Coinbase, Collaborative Fund, A Capital, Consensys, Sound Ventures, Initialized, Accomplice, Galaxy Digital, and Notation.
Since its inception Bison Trails has partnered with several blockchain founders and protocol teams to test, launch, and scale their blockchains. Last month, it joined the Libra Association Council as one of 21 founding members to ensure that the Libra Network is decentralised, secure, and well-orchestrated.
The company said its team is comprised of serial entrepreneurs and experienced engineers with a deep understanding of building distributed systems and secure infrastructure.
“We are building a block production and validation infrastructure platform that is secure, reliable, and globally-distributed. Our team and culture play a major role in that and is a huge focus for us as we continue expanding,” said Bison Trails CTO Aaron Henshaw.
The lead investor in this funding round, Blockchain Capital, is a venture firm in the blockchain industry with over 80 investments in companies and protocols in the sector. The VC firm was founded in 2013 by Bart Stephens, Bradford Stephens, and Bitcoin Foundation chairman Brock Pierce.