# Hyperlane

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hyperlane

- Industry: Software
- Headquarters: Greenwich, US
- Website: www.hyperlane.xyz
- Total disclosed funding: $19M
- Latest round: Seed (Jul 15, 2022)
- Investors on record: 8

## About

Based in Connecticut, US, and founded in 2022 by CEO Asa Oines, Nam Chu Hoai, and Jon Kol, Abacus Works Inc., d.b.a. Hyperlane is a software company that develops a platform that provides secure infrastructure that developers can use to create safer interchain applications. In September 2022, Abacus Works Inc. raised USD 18.5 million in seed funding led by Variant, with participation from Blockdaemon Inc., Circle, CoinFund, Figment, Galaxy Ventures, and Kraken Ventures.

The company provides a digital platform that offers a software development kit (SDK) and a messaging application programming interface (API) to developers to develop applications that can be accessed from any blockchain. 

Hyperlane plans to use its proceeds from September 2022 funding for its product development, and security, as well as for hiring purposes.

## Funding rounds

- Seed, Jul 15, 2022, $19M — Galaxy Ventures, NFX, Blockdaemon Inc., Variant, Kraken Ventures, CoinFund Management, Circle, Figment

## Investors

- Galaxy Ventures — Seed
- NFX (https://capitalatlas.ai/funds/nfx) — Seed
- Blockdaemon Inc. — Seed
- Variant (https://capitalatlas.ai/funds/variant) — Seed
- Kraken Ventures (https://capitalatlas.ai/funds/kraken-ventures) — Seed
- CoinFund Management (https://capitalatlas.ai/funds/coinfund-management) — Seed
- Circle — Seed
- Figment — Seed