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US-based Web3 firm Halliday nets $20m series A
Halliday, a San Francisco-based web3 workflow protocol developer, has secured US$20 million in a series A funding round led by a16z crypto. The round also saw participation from Avalanche Blizzard Fund, Credibly Neutral, Alt Layer, and angel investors.
This brings Halliday’s total capital raised to US$26 million since its founding in April 2022.
The company specializes in infrastructure that allows developers to delegate workflows to autonomous systems for creating smart contracts, simplifying and speeding up the process.
The new funds will be used to expand Halliday’s 17-person team, primarily by hiring more engineers, and to develop its workflow protocol and payments application, Halliday Payments.
CEO Griffin Dunaif said that Halliday aims to help developers build blockchain applications more efficiently. He emphasized the importance of integrating AI systems within decentralized networks.
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