Thirdwave exits stealth mode with $7 M financing
After receiving $7 million in a seed round headed by Framework Ventures, the blockchain data business Thirdwave has come out of hiding.
Participating in the fundraising were Animoca Brands, Play Ventures, Shima Capital, Hustle Fund, and Oceans Ventures.
Blockchain data is made available by Thirdwave to Web3 businesses, initiatives, protocols, and decentralized autonomous organizations. This includes client information, information from social media channels, website analytics, and industry benchmarking. It attempts to provide Web3 creators and game developers with a better grasp of the industry.
Peter Jonas and Matt Lorenzen, the company’s co-founders, both previously worked at Facebook, where they both worked in the company’s division for games and mobile applications.
The most recent investment will be used by Thirdwave to improve the scaling and data aspects of its discovery engine.
“Blockchain offers game developers and players shared ownership and as a result true alignment for the first time,” said Jonas. “Despite this incredible opportunity in front of the industry much of the infrastructure needed for developers to be successful has yet to be built – this is where Thirdwave comes in.”