Blockchain Monitoring Dashboard Raises $14M From Neotribe, Coinbase Ventures

The funds will be used to expand Metrika’s platform and broaden its customer base.

Sep 21, 2021 at 2:11 p.m. UTC
Updated Sep 21, 2021 at 2:29 p.m. UTC

Blockchain monitoring firm Metrika has closed a $14 million Series A funding round led by Neotribe Ventures, the company said Tuesday.

  • Other institutional investors include Coinbase Ventures, Samsung NEXT, Nyca Partners and SCB 10X, with additional funding from all previous investors.
  • The latest round brings Metrika’s total funding to $17.7 million, including its previous $3.7 million seed round. The funds will be leveraged to expand the company’s platform and broaden its customer base across numerous industries, according to a statement.
  • Metrika’s tools allow companies to track blockchain metrics and operations via dashboards, reports and real-time alerts in order to monitor network health and manage operational risk, the company said.
  • The firm’s customers include include Algorand, Solana, Dapper Labs (creators of NBA Top Shot), Hedera Hashgraph and Blockdaemon.
  • Metrika was started in 2019 by founders, investors and mentors in the MIT community.



DISCLOSURE

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

Josh Fineman is CoinDesk's Senior Wall Street Reporter, covering the intersection of crypto and traditional finance.