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A16z Is Leading A $25 Million Series A Investment In Optimism

Mary Liu

Summary: Silicon Valley venture capital a16z (Andreessen Horowitz) announced on Wednesday that it is leading a $25 million Series A funding for Optimism, a layer 2 scaling solution built specifically for the Ethereum network.  The company wrote in the post: "One of the most exciting things about what Optimism has built is that it can be ...

Silicon Valley venture capital a16z (Andreessen Horowitz) announced on Wednesday that it is leading a $25 million Series A funding for Optimism, a layer 2 scaling solution built specifically for the Ethereum network. 

The company wrote in the post: "One of the most exciting things about what Optimism has built is that it can be seen in many ways as an extension of Ethereum — from its philosophy down to its tech stack." 

Optimism rolled out its preliminary mainnet in January, and will be ready for large-scale production later this year. 

By Mary Liu

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