Dune Analytics raises $69.42 million in Series B, now valued at $1 billion

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Dune Analytics raises $69.42 million in Series B, now valued at $1 billion
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ICYMI: Dune Analytics raises $69.42 million in Series B, now valued at $1 billion

Dune Analytics has hit a valuation of $1 billion with its Series B round.

Dune has big plans in place with fresh capital in hand. It looks to build a community of up to 1 million analysts, support more blockchains, build an API, and massively expand its team, the firm's co-founder and CEO Fredrik Haga told The Block. Haga went on to say that many non-developers have already learned the SQL programming language, became Dune Wizards, and then got a full-time job in the crypto space.

Besides building up a large community of analysts, Dune also plans to support more blockchains to its platform. It currently helps fetch data from Ethereum, Polygon, Optimism, Binance Smart Chain, and xDAI. Haga said all the major Ethereum Virtual Machine chains, Solana, and other networks will also be supported.

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