Second State, an Austin, TX-based developer of an open source blockchain smart contract platform for enterprises, raised $3m in Series A funding.
The round was led by Susquehanna International Group (SIG).
Founded in 2019 by Dr. Michael Yuan, founder and CEO, Second State provides turn-key blockchain and smart contract solutions for businesses. The company develops and commercializes “blockchain middleware,” which consists of virtual machine, rules engine, search engine, and data services that empower a new generation of blockchain applications with improved user experience and developer productivity.
Supported by commercial service agreements, the blockchains are programmable by its enterprise customers, optimized for business use cases, and completely open source.
The Second State BUIDL tool, a browser-based IDE, allows developers to quickly write, build and deploy all elements of a decentralized application (“DApp”), including smart contracts, formal rules, web3 scripts, ElasticSearch scripts, HTML, CSS, and Javascript. BUIDL works with all the company’s blockchains, as well as Ethereum-compatible blockchains.
FinSMEs
23/07/2019