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Crypto Developer Tool System Kurtosis Closes $20 Million Series A Funding Round Led by Coatue

Kurtosis, a crypto developer tool system, closed a $20 million Series A round led by hedge fund Coatue with participation from Coinbase Ventures, Chainsmokers' Mantis VC and angel investor Olivier Pomel. The funds raised will be used to hire new engineers and product experts in the developer tooling space so it can release a new product within the next six to 12 months. Founded by former Palantir engineering leads Galen Marchetti and Kevin Today, Kurtosis aims to simplify tools for developers building on Web3. It currently provides services for the Ethereum, Avalanche and NEAR ecosystems.
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Coinbase Ventures

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