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BlockJoy Secures Nearly $11 Million from Gradient Ventures, Draper Dragon, Active Capital, and more to Launch Decentralized Blockchain Operations

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BlockJoy, the company providing a whitelabel blockchain nodes-as-a-service for node hosting enterprises, today announced the successful close of nearly $11 million in combined Seed + Series A funding from Gradient Ventures, Draper Dragon, Dragon Roark, Active Capital, Borderless HNT, and Renegade Ventures, among others. The funding will be used to support the launch of BlockVisor, the company’s patented node management software, which is now open for beta sign-ups. BlockJoy enables customers to deploy and run decentralized blockchain nodes on any infrastructure while maintaining a cloud-like experience at up to 80 percent cost reduction from traditional cloud providers.

Created to combat the lack of decentralized infrastructure suitable for blockchains, BlockJoy provides a node management solution that is two to three times less expensive than traditional cloud providers. Enterprises can deploy and manage blockchains, nodes, validators and ETLs (extract, transform, load) with a click of a button, anywhere in the world. 

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