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[FUNDING NEWS] Israel-Based Sendblocks Secures $8.2 Million In Seed Funding

A Sendblocks data management firm based in Tel Aviv, Israel called SendBloks has raised $8.2 million in seed money.

A blockchain data management firm based in Tel Aviv, Israel called Sendblocks has raised $8.2 million in seed money.

The money will be used by the business to grow both its operations and growth initiatives.

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Under the direction of CTO Michael Kellner and CEO Itay Shrem, SendBlocks intends to simplify the traditional indexer/RPC process into a single, user-friendly platform, saving blockchain developers’ backend and indexing labor while preserving flexibility and resilience. Regardless of the underlying blockchain, it lets developers save billions of API queries, leading to leaner data teams.

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Bancor and SphereX are examples of current clients (that can be revealed) that have already profited from SendBlocks’ solutions, enjoying cost reductions and simpler operations. It is putting itself in a position to become the top data management platform as more blockchains come into existence.

About Sendblocks

Sendblocks finds the nuggets in the data by sorting through it. Bid adieu to indexing, gas-guzzling event logs, and persistent RPC queries. Write some functions now.

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