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

Crypto information services and analytics has actually seen enormous need in 2021 as everybody wishes to collect factoids on their preferred crypto properties.Bitcoin com News just recently reported on the crypto company Messari raising $21 million in a funding round.

Furthermore, the crypto analytics business Skew was gotten by Coinbase this year and Coin Metrics just recently raised $15 million with Goldman Sachs leading the round. Dune Analytics is a set of information tools that users can utilize free of charge in order to collect insight on Ethereum and decentralized financing (defi) analytics.

Last September, Dune Analytics raised $2 million in seed financing and on Thursday the business exposed raising $8 million in a Series A. The Series A round was led by Fred Wilson’& rsquo; s(* ).Union Square Ventures, endeavor companies like Additionally, Multicoin Capital, and Redpoint Ventures signed up with the Dragonfly A round.Dune Analytics Series are on an objective to make crypto information available 💫

Dune Analytics web portal deals insights to information worrying the current EIP1559 application so ETH users can observe metrics like costs burned. The uses decentralized exchange (dex) volumes, non-fungible token (NFT) market information and analytics revealing the variety of defi users gradually.Dune Analytics“& ldquo;

we & rsquo; re on an objective to make crypto information available.(* )is an objective that is getting harder every day,” & rdquo; the business & rsquo; s capital raise statement kept in mind. “& ldquo;(* )brand-new item, chain, and scaling service boosts information quantity and fragmentation as they grow in adoption and throughput. At Dune Analytics, we are figured out to understand this objective by making each and every single fascinating metric throughout each and every single crypto information source quickly available free of charge to the neighborhood.”& rdquo;This’: & lsquo;Every & rsquo;Nevertheless addition to

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Dune Analytics, The Data Must Flow,

In, and Dune Analytics, the business(* )raised$ 5 million lastSkew Coin Metrics completion of Messari, the crypto information company Dappradar raised $10 million from financiers.May“& ldquo;At we & rsquo; re a little group with an outsized influence on the future of financing and monetary information,” & rdquo; the June andNansen concluded. & ldquo;

this year we & rsquo; ve grown the At Dune Analytics group to 8 individuals spread out throughoutDune Founders Fredrik Mats even more make it possible for practical access to crypto information throughout more usage cases, information sources and at a larger scale we’& rsquo; re now employing for a variety of functions. Throughout information need to stream.”& rdquo;Dune do you consider Europe raising $8 million in a To A funding round? The us understand what you consider all these crypto analytics companies raising millions in 2021 in the remarks area listed below.

What

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John Lesley/ author of the article

John Lesley is an experienced trader specializing in technical analysis and forecasting of the cryptocurrency market. He has over 10 years of experience with a wide range of markets and assets - currencies, indices and commodities.John is the author of popular topics on major forums with millions of views and works as both an analyst and a professional trader for both clients and himself.

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