Hyperlane, a startup that helps developers connect applications across different blockchains, has raised $18.5 million from web investment firm Variant.
Galaxy Digital, CoinFund, Circle, Figment, Blockdaemon, Kraken Ventures and NFX also participated in the round, according to a report by Fortune.
The company, previously named Abacus Network, provides APIs that allow easier communication between different blockchains along with a software development kit (SDK) that can be used to build interchain applications.
“We think, right now, there’s so much burden on the app developer to understand the nuances of the chain[s], where they can’t spend as much time on building the best app,” founder and CEO Jon Kol told Fortune. “So, we want to give them tools to give the best experience for their users.”
