Introduction
Axelar was founded in 2020 by Georgios Vlachos and Sergey Gorbunov. It has its headquarter in Waterloo, Canada.
Axelar is a cross-chain communication tool developing interoperability software to connect blockchain ecosystems, applications, and users. Axelar Network consists of a protocol suite, tools, and APIs, designed to break down the barriers to cross-chain communication. Axelar enables developers to build on the best platform for their needs whileleveraging the Axelar stack to unlock cross-chain composability and liquidity.
Axelar network provides a uniform solution to cross-chain communication that meets the needs of both platform developers – no integration work is required from them, and application builders – one simple protocol and API to access global liquidity and communicate with the entire ecosystem.
Axelar network can be used to plug-in these blockchains into a uniform cross-chain communication layer. This layer provides routing and application-level protocols that meet both platform builders and application developers’ demands. Application developers can build on the best platforms for their needs and leverage a simple protocol and API to access global cross-chain liquidity, users, and communicate with other chains.
Mission
The mission of Axelar is to enable users to interact with any asset, any application, from any chain.
Why Axelar?
Axelar is a permisionless network and gateway that enables you to build secure cross-chain applications.
Funding
Axelar has raised a total of $63.8M in funding over 7 rounds and is funded by 30 investors.
Below, are the details of the different rounds of funding received by Axelar.
Funding Round | Money Raised | Number of Investors | Lead Investors |
Initial Coin Offering | - | 1 | - |
Initial Coin Offering | - | 1 | - |
Series B | $35M | 11 | - |
Venture Round | - | 6 | Crypto.com Capital |
Series A | $25M | 9 | Polychain |
Seed Round | $3.8M | 11 | - |
Seed Round | - | 1 | - |
Acquisitions
Axelar has made no acquisitions yet.
News & Media
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