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The blockchain data analytics sector has seen much investment this year, with both Messari and Chainalysis also completing funding rounds<\/strong><\/p>\n
Ethereum<\/a> data platform Dune Analytics announced<\/a> yesterday the completion of a Series A funding round in which it raised $8 million. The round was led by Union Square Ventures and also saw the participation of Multicoin Capital, Dragonfly Capital and Redpoint Ventures.<\/p>\n
\nEthereum London hard fork happened 24 hours ago. Result achieved: 4700 ETH was burned ($13m equivalent) https:\/\/t.co\/GgXY57YzAD<\/a> @DuneAnalytics<\/a> #EIP1559<\/a> pic.twitter.com\/5F74BDRqAM<\/a><\/p>\n
\u2014 Anton Bukov \ud83e\udd87\ud83d\udd0a (@k06a) August 6, 2021<\/a><\/p>\n<\/blockquote>\n
Union Square Ventures partner Nick Grossman said in a blog post<\/a> yesterday, \u201cCrypto is moving faster every day, and the only way to keep up with it all is to leverage crypto\u2019s core primitives: community and composability. Whatever is going on, now and in the future, you can be sure that someone is using Dune to help themselves, and the world, develop an understanding of it\u201d.<\/em><\/p>\n
Dune Analytics\u2019 funding announcement yesterday comes on the heels of last week announcements of Messari\u2019s $21 million Series A funding<\/a> and Chainalysis\u2019 valuation of more than $2 billion after its $100 million Series D<\/a> financing round in March.<\/p>\n<\/p><\/div>\n