Business development updates from Switchboard or industry news sources

Switchboard Secures $7.5M in Series A Funding on May 28, 2024

May 28, 2024, 03:32 PM

Switchboard, a developer of oracle solutions, has successfully closed a $7.5 million Series A funding round on May 28, 2024. The round was co-led by Tribe Capital and RockawayX, with additional support from the Solana Foundation, Aptos, StarkWare, and other investors. This investment will accelerate Switchboard's mission to supply permissionless and secure oracle solutions. Switchboard is recognized for creating the first oracle aggregator, offering highly customizable and permissionless oracle networks.