Auradine is a firm working to achieve a breakthrough in scalability, sustainability and security solutions for the future of internet infrastructure. The solutions being developed by Auradine are powered by blockchain, security, ZK(zero-knowledge) and AI(Artificial Intelligence) technologies. The firm was founded in 2022 by a team of top-tier entrepreneurs and technology experts with deep understanding of security, SaaS(Software as a Service), semiconductors and other systems from notable companies like Google, Intel, Palo Alto Networks, Marvel and Wells Fargo. The team has a consistent track record of delivering market-leading products that have generated over $10 billion in revenues at multi-billion infrastructure companies and unicorns.
Recently, Auradine has announced that it had secured $81million in a series A financing round. The round was led by venture capitals Celesta Capital and Mayfield. Other investors who backed this funding round include Cota Capital, DCVC, Marathon Digital Holdings(MARA) and Stanford University. As part of the investment, Auradine board will receive new members from Celesta and Mayfield, Sriram Viswanathan and Navin Chaddha respectively.
Rajiv Khemani, Auradine’s co-founder and CEO, was delighted to receive the support of top-tier investors who share Auradine’s vision and passion for building web infrastructure of the future. He further added that with the funding in place, the firm will accelerate its development and go-to market efforts to deliver breakthrough solutions.
Mayfield’s statement was led by Navin Chadda, managing director at Mayfield, who commended Auradine team as bold entrepreneurs that are building a web infrastructure platform that will enable a new era of decentralized and distributed applications. He also expressed Mayfield’s excitement to serve as an inception investor in Auradine’s journey to leverage AI, blockchain and privacy technologies to help create an industry leader.
In recent days, the technology ecosystem has seen an uptake in blockchain, AI and privacy technologies. As the market continues to demand more, the technologies are poised to make a huge impact on he global economy in the amount of revenue generated as well as revolutionize the way people transact and conduct business on the web. To enable this transition, a highly scalable, sustainable and secure infrastructure is essential. Therefore, Auradine is leveraging cutting-edge technologies such as energy-efficient Silicon, ZK proofs and AI to deliver unmatched value for decentralized applications.
