Smart-contract blockchain focused on speed and low transaction costs.
Founders
Emin Gun Sirer(Turkey · ♂)— A Turkish-American computer scientist and Cornell professor who developed the Avalanche consensus protocol with his PhD students, then founded Ava Labs in 2019 to bring the blockchain to the financial sector.
Maofan Yin(China · ♂)— A Cornell PhD researcher who helped develop the Avalanche consensus protocol and co-founded Ava Labs to commercialize it.
Kevin Sekniqi(United States · ♂)— A Cornell PhD researcher in distributed systems who co-developed Avalanche and co-founded Ava Labs to build out the platform.
Team & hubs
Funding history
Date
Round
Amount
Sep 2021
Funding round
Avalanche completed a $230M private sale of AVAX tokens led by Polychain and Three Arrows Capital to fund DeFi and ecosystem growth.
$230M
Investors
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