Avail, a blockchain extension services provider, has raised $75 million through a $43 million Series A funding round, led by Founders Fund, Dragonfly, and Cyber Fund.
The company plans to use the funds to accelerate its vision of building the "Unification Layer", a three-part infrastructure that includes:
•Avail DA: a base data availability layer for scalable blockchain networks
•Avail Nexus: a proof aggregation and sequencer selection ZK rollup for cross-rollup and cross-ecosystem settlement
•Avail Fusion: a crypto-economic security layer secured by multiple assets like BTC and ETH
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