Web3 Data Platform Dune Analytics Propels to Unicorn Status After $69.4 Million Fundraise – Finance Bitcoin News

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The Web3 analytics platform DuneAnalytics has announced it has closed a $69.4 million Series B fundraise led by Coatue.

The firm’s latest fundraise follows the company’s Series A last August when Dune Analytics raised $8 million. With the Series A and B combined, the firm has been propelled to unicorn status with a post-money valuation of $1 billion.

revealed the company has raised $69.4 million in a Series B led by Coatue. Dune Analytics further detailed that Multicoin Capital and Dragonfly Capital participated in the Series B fundraise as well. Dune Analytics is a community-based analytics platform that allows users to access Web3 data and filter it into convenient charts, graphs, and comparative metrics.

Dune Wizards will not only be able to create customized visualizations that communicate real-time on-chain intelligence, [but] they will also receive financial compensation for their ongoing engagement and contributions.

 

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