Bison Trails, a Libra Association member, raises $25.5M Series A to expand its blockchain infrastructure offerings

Quick Take

  • Blockchain infrastructure-as-a-service provider Bison Trails, which is also a member of the Libra Association, has raised $25.5 million in Series A 
  • The round was led by Blockchain Capital, with participation from Kleiner Perkins, Coinbase, Consensys and several others
  • Joe Lallouz, CEO of Bison Trails, told The Block that the firm is “actively” working with founding members of the association to move the Libra network from testnet to mainnet launch

Blockchain infrastructure-as-a-service provider Bison Trails, which is also a member of the Libra Association, has just raised $25.5 million in Series A funding to expand its offerings.

The round was led by Blockchain Capital, with participation from Silicon Valley venture firm Kleiner Perkins, Coinbase, Consensys and Galaxy Digital, among several others.

Joe Lallouz, CEO of Bison Trails, told The Block that the firm will utilize the fresh capital to expand its offerings as well as to develop a new network roadmap for several projects, including Libra, Telegram, Skale and Polkadot.

“As one of 21 founding members of the Libra Association, we’re actively working with founding members to move the technology forward, from testnet to mainnet launch,” Lallouz told The Block.

Bison Trails said it will be playing a key role in strengthening the Libra network to support “billions of transactions.”

Bison Trails will also bring its platform, out of a limited beta currently, to a wider market in the future; hire more members to its team; build partnerships with leading exchanges and custodians, with the new capital in place, said Lallouz.

Blockchain infrastructure 

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