, a pioneering startup in blockchain data management, announced today that it is coming out of stealth mode with $8.2 million in seed funding led by Castle Island Ventures with several other institutional investors including Pitango, Illuminate Financial, Laser Digital , Starkware and notable ecosystem leaders.
Existing clients include Bancor and SphereX who have already benefited from SendBlocks' innovative solution, experiencing streamlined operations and cost savings. With more and more high throughput blockchains emerging, SendBlocks is positioning itself to become the leading data management platform.While in traditional web2 development, backend engineers build and access databases directly; in the blockchain ecosystem, the blockchain itself acts as the backend, accessed through RPC calls.
SendBlocks aims to significantly reduce backend and indexing efforts for blockchain developers while maintaining flexibility and robustness by consolidating the conventional indexer/RPC process into a single, user-friendly platform. “Current data management solutions and indexers just don’t support fast blockchains,” explains Shrem, “we’re building with scale and ease in mind to ensure ecosystems enjoy engagement and retention” he adds.