Auradine, a Santa Clara, CA-based provider of web infrastructure solutions including blockchain, security and privacy, raised $81M in Series A funding.
The round was led by Celesta Capital and Mayfield, with Sriram Viswanathan of Celesta and Navin Chaddha of Mayfield joining the Auradine board. Other investors included Marathon Digital Holdings (NASDAQ:MARA), Cota Capital, DCVC, and Stanford University.
The company intends to use the funds to expand operations and its business reach.
Founded in 2022 and led by CEO Rajiv Khemani, Auradine provides web infrastructure solutions including blockchain, privacy and AI, which leverage technologies such as energy-efficient silicon, zero-knowledge proofs and AI to deliver an improved value proposition for decentralized applications.
Auradine has also established a board of strategic advisors and investors, which includes senior industry leaders and founding members of Palo Alto Networks and Cavium. Further, the company has created a technology advisory board consisting of professors from UC Berkeley, University of Michigan and University of Illinois Urbana-Champaign who are at the forefront of research in security and privacy.