Web3 Decentralized Database Tableland raises $8 Million in a series A round.

Tableland is a decentralized database that is built on the SQLite engine. The platform infrastructure provides developers with a web3-native relational database that can be easily integrated in their stack. The relational database offered by Tableland is permissionless and leverages the SQL(Structured Query Language) structure to enable developers interact with the database as well as users through abstraction. The tool also enables developers to create reusable database models therefore, enabling them to easily build complex relational data models for decentralized games, NFTs as well as decentralized applications.

The firm also offers SQL developer tools for developers to store and query contract metadata with SQL, a language that developers are already familiar with. This is made possible by SQL APIs deployed by the firm on several blockchain networks including Polygon, Optimism, Ethereum and Arbitrum.

Tableland has recently raised $8 million in a series A funding round that was led by crypto-focused investment firm CoinFund. Other venture capitals that participated in the round include Multicoin Capital, BlueYard Capital and A Capital. Tableland, based in New York, has now achieved a total funding of $10.4 million. As the firm gears towards a major launch, the funds will be utilized to facilitate Tableland’s mainnet launch that will release new developer tools and the debut Tableland Studio later this year.

With the crypto winter slowing down investments in the crypto industry, infrastructure projects have proven resilient. This includes decentralized database projects that are making it easier for web2 developers to come into this sector as it offers some similarity to the database structures they are normally accustomed to. Decentralized databases however, should not be confused with immutable decentralized ledgers.

In the decentralized database sector, Tableland has competitors including Space and Time, a decentralized data warehouse firm that earlier on Wednesday announced an agreement with Microsoft in a mission to make real-time blockchain data available through Microsoft’s Azure marketplace.

Tableland’s infrastructure uses tables as on-chain assets that can be grouped into models whose access is controlled by customizable authentication or permissions. Developers can create tables, insert or query data and grant other users permission to contribute to their database.

According to the firm’s co-founder, Andrew Hill, Tableland integrates a battle-tested database solution into EVM(Ethereum Virtual Machine)-based smart contracts, a first of its kind. He also added the composability of the data models allows developers to ideas into decentralized apps faster than ever witnessed before. This models are distributed stored on Tableland’s network, which has validators governed by Tableland Protocol.

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