StoryFunding
Eigen Labs raises $100M from a16z
On 22 February 2024, Eigen Labs announced it had raised $100M from a16z crypto in a funding round. Eigen Labs is the core development team behind EigenLayer, which lets developers rent the security of staked ETH for new services such as EigenDA, a data availability layer for rollups.
- Funding: $100M from a16z crypto.
- Date: announced 22 February 2024.
- Eigen Labs role: core developers of EigenLayer and EigenDA.
- EigenLayer: primitive enabling developers to tap Ethereum-staked security for new services and rollup infrastructure.