Boba

Palo Alto, United States Founded: 2021 • Age: 5 yrs Unicorn
Decentralized network platform for Ethereum

About Boba

Boba is a Technology company based in Palo Alto (United States) founded in 2021 by Violet B Abtahi and Alan Chiu. Decentralized network platform for Ethereum. Boba has raised $45 million across 1 funding round from investors including BitMart, IOST and CRYPTO. The company has 10 employees. Boba was last valued at $1 billion in April 2022. Boba offers products and services including HybridComputeâ„¢, Boba Network Platform, and Boba Ethereum Explorer. Its focus areas include High Tech, Blockchain Infrastructure, Middleware and Sidechain. Its competitors include Lightning Labs, Horizen Labs and Horizen; 2 of its 3 listed competitors have raised funding.

Company details

Boba was founded in 2021 in Palo Alto, United States, within the blockchain sector. A decentralized network platform for Ethereum is maintained, where NFT bridging, gas fee reductions, and liquidity pools are facilitated. Smart contract capabilities are extended, transaction efficiency is improved, and developers are enabled to construct DApps on scalable infrastructure such as AWS Lambda. Operations focus on enhancing Ethereums ecosystem through these services.

Key Metrics
  • Total Equity Funding
    $45M (USD)

    in 1 rounds

  • Latest Funding Round
    $45M (USD), Series A

    Apr 2022

  • Investors
    BitMart

    & 43 more

  • Employee Count
    10

Products & Services of Boba

Boba offers a comprehensive portfolio of products and services, including HybridCompute™, Boba Network Platform, and Boba Ethereum Explorer.

HybridCompute™
Off-Chain Compute Tool

Enables integration of off-chain data for building smarter dApps.

Boba Network Platform
Multichain Layer 2

Provides scaling solutions for EVM-compatible blockchains with reduced fees.

Boba Ethereum Explorer
Blockchain Explorer

Facilitates transaction viewing on Ethereum-based networks.

Apps and channels of Boba

its YouTube channel Boba Network has 66 subscribers and 15 videos.

Boba Network
YouTube 66 subscribers 15 videos Science & Technology
Open channel

Videos from Boba

The most watched videos on Boba's YouTube channel, Boba Network (66 subscribers). Click a video to play it here.

HybridCompute explained by a Blockchain Engineer
208 views
Boba Network's 2023 achievements recap
147 views
Presentation: A brief tour towards Boba Anchorage
130 views
Alan Chiu Speaks at Devcon Bangkok 2024
126 views

More on Boba Network.

Funding Insights of Boba

Boba has successfully raised a total of $45M through 1 strategic funding round. The most recent funding activity was a Series A round of $45 million completed in April 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $45M
  • Total Rounds 1
  • Last Round Series A — $45M
  • First Round $45M

    (Apr 2022)

  • Investors Count 44

All 1 funding rounds of Boba with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2022$45MSeries A–CRYPTO, Huobi
Valuation history
DateValuationStage
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Full valuation and stage history of Boba

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Last known valuation $1B (Apr 2022). 44 investors in total: 42 institutional and 2 angel.

Investors in Boba

Boba has secured backing from 44 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include BitMart, IOST and CRYPTO.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Hypersphere Capital is focused on crypto-native investment opportunities.
2020hypersphere.ventures
Multiple sectors are invested in by M13 venture capital fund.
m13.coLos Angeles, United States
Web3 venture capital firm partnering on blockchain projects.
hack.vc
Multiple sectors are invested in via a funds-of-funds approach.
kenetic.capitalHong Kong, China
ghafcapital.com
Venture capital firm focused on early-stage companies
dreamers.vcCalabasas, United States
A blockchain-native investment firm focused on Web3 strategies is operated.
2021ofr.asia
Crypto and deep tech investments are made by Infinite Capital.
infinite.xyz
Alliance is recognized as a leading crypto startup accelerator.
alliance.xyzNew York City, United States
Tech startups in fintech and SaaS are accelerated and incubated.
theventure.cityMiami, United States
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Investor details for Boba

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People of Boba

7 people are tracked at Boba (3 in leadership, 4 in team); the tracked headcount is 10.

NameRoleGroup
Violet B Abtahi
Co-FounderLeadership
Alan Chiu
Co-FounderLeadership
James S.
Head of Business Development & Ecosystem GrowthLeadership
Chiranjiv Anand (CJ)
Business DevelopmentTeam
Max M.
Developer Relations LeadTeam
Genevive Fiel
Talent and People OpsTeam
Jesús Robles
Community ManagerTeam
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Timeline of Boba

3 dated milestones of Boba across 1 years, from founding to its latest funding, stage changes and deals.

  1. Founded Boba is founded.
  2. Funding First funding round of $45.0M.
  3. Milestone Reaches Unicorn status.

Competitors of Boba

Boba has 3 listed competitors in our database, 2 of them funded. They include Lightning Labs, Horizen Labs and Horizen.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
lightning.engineering2016San Francisco, United States$82.5M
Software for the Lightning Network is developed by Lightning Labs.
horizenlabs.io2018Austin, United States$11M
Blockchain infrastructure for sidechain applications is provided.
horizen.io2017Delaware, United States
Provides cryptocurrency and sidechain platform
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Detailed competitors of Boba

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Web traffic of Boba

The website of Boba (boba.network) receives about 8.1K visits a month.

  • Monthly visits
    8.1K

    ▲ 77.7% vs previous month

Top companies in Blockchain & Decentralized Infrastructure

3 companies that operate in the same segment as Boba (Blockchain & Decentralized Infrastructure) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Decentralized exchange platform for cryptocurrency trading is operated.
2018New York, New York, United StatesUSD 176 M217
Developer of blockchain and web3 software platform
2014Fort Worth, Texas, United StatesUSD 725 M708
Protocols for blockchain-based solutions are provided by Aptos.
2021Palo Alto, California, United StatesUSD 350 M166
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Related news about Boba

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Complete news archive for Boba

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Frequently Asked Questions about Boba

Boba was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Boba is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.

Boba is a funded company, having raised a total of $45M across 1 funding round to date. The company's 1st funding round was a Series A of $45M, raised on Apr 2022.

Boba has 10 employees.

Boba was founded in 2021 in Palo Alto, United States, within the blockchain sector. A decentralized network platform for Ethereum is maintained, where NFT bridging, gas fee reductions, and liquidity pools are facilitated. Smart contract capabilities are extended, transaction efficiency is improved, and developers are enabled to construct DApps on scalable infrastructure such as AWS Lambda. Operations focus on enhancing Ethereums ecosystem through these services.

Boba's top competitors include Lightning Labs, Horizen Labs and Horizen.

Boba offers HybridComputeâ„¢, Boba Network Platform, and Boba Ethereum Explorer.

Boba has 44 investors. Key investors include BitMart, IOST, CRYPTO, Valour, and HTX.

The valuation of Boba is $1B as of Apr 2022.

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