Zeeve secures $2.65 million in a funding from Leo Capital and Blu Ventures
- ByStartupStory | June 15, 2022
Leo Capital and Blu Ventures led a $2.65 million seed round for blockchain infrastructure automation platform Zeeve. The new funds will be used to boost product development, expand the technological team, and broaden the platform’s reach among decentralised application (DApp) developers and worldwide companies.
Ravi Chamria, CEO of Zeeve said that several developments have occurred in the Web3.0 arena, including decentralised finance (Defi), NFTs, decentralised insurance, and prediction markets, among others. Over the next five years, additional innovations will revolutionise the way of using the internet and very soon Web3.0 will be used for everything from online commerce to voting and governance due to future breakthroughs in blockchain technology.
Dinesh Singh, the partner at Leo Capital stated that Web3.0 infrastructure is complicated, and DevOps tools and platforms in the blockchain area are needed to accelerate business adoption of blockchain.
Zeeve is a company that creates easy-to-deploy Web3.0 infrastructure. It was founded in 2021 by Chamria and his co-founders Ghan Vashistha and Sankalp Sharma. More than 10,000 developers, blockchain startups, and corporations claim to trust the platform.
According to Tarun Upaday, partner at Blu Ventures, companies like Zeeve help corporations and blockchain startups construct blockchain nodes and consume application programming interfaces (APIs) to interact with blockchains. Zeeve’s service aids DevOps teams in building and managing Blockchain nodes and networks by easing operational, security, and performance problems.
Web3.0 is being hailed as the internet’s future, according to Harvard Business Review. It also stated that new businesses may be able to use Web3.0 infrastructure to form communities around their brands and product ideas much more easily than in previous web iterations and that existing platforms may be able to take advantage of such opportunities by connecting to blockchain-based content networks and giving their users some control over their data.
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