Lithuanian Metrica

Metrika attracts investment from M12 and Nyca Partners

Retrieved on:

Thursday, March 2, 2023

Financial institution, Capital, OFAC, Venrock, Inter-American Development Bank, M12, Microsoft, Risk management, Series, Growth, Lithuanian Metrica, MEV, Partnership, Cryptocurrency, Ethereum, Hedera

CAMBRIDGE, Mass., Mar. 2, 2023 /PRNewswire/ -- Metrika, the leading blockchain operational intelligence and risk management platform, announced a $4M extension of their September 2021 Series A round. This extension was led by M12, Microsoft's Venture Fund, and existing investor Nyca Partners, bringing its total amount raised to date to $22M. Metrika intends to use the funds to meet the increasing demand for the Metrika Platform from leading protocol teams and communities, as well as expand into financial institutions and regulatory agencies.

Key Points:

This extension was led by M12, Microsoft's Venture Fund, and existing investor Nyca Partners, bringing its total amount raised to date to $22M.
Metrika intends to use the funds to meet the increasing demand for the Metrika Platform from leading protocol teams and communities, as well as expand into financial institutions and regulatory agencies.
Metrika provides an important contribution to the evolution of the web3 financial ecosystem," said James Wu, partner at M12, Microsoft's Venture Fund.
And the progress the company has made since our initial investment has strengthened that conviction," said Hans Morris, Managing Partner at Nyca Partners.

Neotribe Ventures' Rebecca Mitchem Named to Venture Capital Journal's 2023 Rising Star List

Retrieved on:

Wednesday, January 4, 2023

MENLO PARK, Calif., Jan. 4, 2023 /PRNewswire/ -- Neotribe Ventures , a multi-stage venture capital firm focused on companies developing breakthrough technologies that stretch the imagination, announced today its Partner, Rebecca Mitchem , has been selected as one of Venture Capital Journal's 2023 Rising Stars.

Key Points:

MENLO PARK, Calif., Jan. 4, 2023 /PRNewswire/ -- Neotribe Ventures , a multi-stage venture capital firm focused on companies developing breakthrough technologies that stretch the imagination, announced today its Partner, Rebecca Mitchem , has been selected as one of Venture Capital Journal's 2023 Rising Stars.
Yesterday Venture Capital Journal published its 4th annual ranking of the "40 Rising Stars in the VC Community," a list of 40 professionals under 40 who are shaping VC for the next generation, and included Mitchem.
Mitchem is a first-generation college student, and, after a decade at J.P. Morgan Asset Management, she joined Neotribe Ventures as its first female partner.
"We are thrilled to have Rebecca recognized by Venture Capital Journal as a Rising Star honoree," said Kittu Kolluri, Founder and Managing Director of Neotribe Ventures.

Metrika Partners with Axelar to Help Delegators Maximize Staking Rewards

Retrieved on:

Wednesday, October 12, 2022

CAMBRIDGE, Mass. and NEW YORK, Oct. 12, 2022 /PRNewswire/ -- Metrika, the leader in operational intelligence for blockchain networks, and Axelar, the proof-of-stake blockchain that enables the cross-chain future of Web3, today announced a strategic partnership to provide Axelar delegators with the in-depth validator performance metrics needed to maximize their AXL token staking rewards.

Key Points:

and NEW YORK, Oct. 12, 2022 /PRNewswire/ -- Metrika , the leader in operational intelligence for blockchain networks, and Axelar, the proof-of-stake blockchain that enables the cross-chain future of Web3, today announced a strategic partnership to provide Axelar delegators with the in-depth validator performance metrics needed to maximize their AXL token staking rewards.
Validators participate in the underlying consensus mechanism as well as the multi-party protocols and cross-chain verification which are intrinsic to Axelar.
Metrika's comprehensive monitoring and analytics platform will enable Axelar delegators to identify the network's highest performing validators so delegators can maximize the staking rewards they receive while contributing to the security of the network.
The comprehensive validator metrics will help delegators maximize the staking rewards that ensure the operational excellence of the Axelar network pushing the web3 ecosystem to a high-performing cross-chain future.

Nitin Chopra Joins Neotribe Ventures as Managing Director

Retrieved on:

Monday, September 26, 2022

MENLO PARK, Calif., Sept. 26, 2022 /PRNewswire/ -- Neotribe Ventures, a venture capital firm with more than $450M of capital under management, announced today that Nitin Chopra has joined as a managing director. Neotribe focuses on early and growth-stage companies that are developing breakthrough technologies that stretch the imagination.

Key Points:

MENLO PARK, Calif., Sept. 26, 2022 /PRNewswire/ -- Neotribe Ventures , a venture capital firm with more than $450M of capital under management, announced today that Nitin Chopra has joined as a managing director.
Chopra joins Neotribe Ventures from Shasta Ventures where he served as Managing Director.
His deep expertise in cybersecurity will also be complementary to the Neotribe team," said Swaroop 'Kittu' Kolluri, Founder and Managing Director of Neotribe Ventures.
"I'm honored to have the opportunity to join Kittu and Neotribe's team of well-respected, accomplished partners in an environment that takes an entrepreneur-focused approach to investing," said Nitin Chopra, Managing Director of Neotribe Ventures.

Axelar Adds Quadratic Voting to Bolster Cross-Chain Security

Retrieved on:

Tuesday, September 6, 2022

By requiring progressively more tokens for each additional vote, quadratic voting combats the so-called tyranny of the majority and improves Axelars network security by boosting its decentralization.

Key Points:

By requiring progressively more tokens for each additional vote, quadratic voting combats the so-called tyranny of the majority and improves Axelars network security by boosting its decentralization.
With quadratic voting, each validators voting power is equal to the square root of the delegated stake it accumulates, as opposed to the actual stake.
Quadratic voting facilitates a more decentralized distribution of power by according less marginal voting power as the number of tokens held increases.
The quadratic voting system revolutionizes security for our current and future users, ensuring industry wide scalability is realized.

Metrika Now Offers Developers Unprecedented Visibility into Hedera Network Activity and Performance

Retrieved on:

Wednesday, August 3, 2022

CAMBRIDGE, Mass., Aug. 3, 2022 /PRNewswire/ -- Metrika, the leader in operational intelligence for blockchains and distributed ledger networks, today announced a collaboration with Hedera to provide enhanced visibility and transparency for the different applications across the company's network ecosystem – creating a best-in-class experience for Web3 application developers. The Hedera network ecosystem will now have access to Metrika's industry-leading blockchain and Distributed Ledger Technology (DLT) monitoring and analytics platform, offering the community unprecedented on-ledger metrics and visibility into the performance of the network at any given time.

Key Points:

The Hedera network ecosystem will now have access to Metrika's industry-leading blockchain and Distributed Ledger Technology (DLT) monitoring and analytics platform, offering the community unprecedented on-ledger metrics and visibility into the performance of the network at any given time.
Metrika's dashboards provide developers end-to-end visibility into the operational health of the ledger, allowing them to ensure their applications are running at a high level of performance and resiliency while simultaneously guaranteeing a level of transparency that encourages overall adoption of the Hedera network.
"Ensuring operational trust is central to Hedera's mission of creating a public network for everyone," said Alex Popowycz, Chief Information Officer at Hedera.
"These actionable insights into the health of the Hedera network will be critical to scale and drive mainstream adoption."

Metrika Provides End-to-End Monitoring and Operational Intelligence for the Algorand Blockchain

Retrieved on:

Tuesday, July 12, 2022

CAMBRIDGE, Mass., July 12, 2022 /PRNewswire/ -- Metrika, the leader in operational intelligence for blockchain networks, today announced a community infrastructure agreement allowing members of the Algorand ecosystem open and public access to utilize Metrika's industry-leading platform to monitor, analyze performance, and receive complimentary real-time alerts for the Algorand network. This integration will set a higher standard for blockchain performance and reliability and redefine the standard of resilience, performance and operational excellence through Metrika's advanced capabilities.

Key Points:

The Metrika platform equips Algorand and builders within its ecosystem with unmatched monitoring tools to ensure network safety and resilience.
Launched on Mainnet in 2019, the Algorand blockchain has achieved a rare accomplishment in the blockchain world: zero network downtime.
Metrika's tools now being accessible to the full Algorand ecosystem is a clear win, bringing deep operational intelligence and community trust to any service or product built on Algorand," said Paul Riegle, Chief Product Officer at Algorand.
Metrika provides the industry's only operational intelligence platform for blockchain networks and applications, including cryptocurrency and gaming applications, where ongoing optimal performance is essential.

Metrika Provides End-to-End Monitoring and Operational Intelligence for the Algorand Blockchain

Retrieved on:

Tuesday, July 12, 2022

CAMBRIDGE, Mass., July 12, 2022 /PRNewswire/ -- Metrika, the leader in operational intelligence for blockchain networks, today announced a community infrastructure agreement allowing members of the Algorand ecosystem open and public access to utilize Metrika's industry-leading platform to monitor, analyze performance, and receive complimentary real-time alerts for the Algorand network. This integration will set a higher standard for blockchain performance and reliability and redefine the standard of resilience, performance and operational excellence through Metrika's advanced capabilities.

Key Points:

The Metrika platform equips Algorand and builders within its ecosystem with unmatched monitoring tools to ensure network safety and resilience.
Launched on Mainnet in 2019, the Algorand blockchain has achieved a rare accomplishment in the blockchain world: zero network downtime.
Metrika's tools now being accessible to the full Algorand ecosystem is a clear win, bringing deep operational intelligence and community trust to any service or product built on Algorand," said Paul Riegle, Chief Product Officer at Algorand.
Metrika provides the industry's only operational intelligence platform for blockchain networks and applications, including cryptocurrency and gaming applications, where ongoing optimal performance is essential.

Metrika Introduces Web3's Only Operational Intelligence Platform Providing End-to-End Monitoring and Analytics for Blockchains

Retrieved on:

Wednesday, June 8, 2022

Community, Network monitoring, Intelligence, Web3, Dapp, Lithuanian Metrica, Community network, Health, Trust, Adoption, Multimedia, Discord, Foundation, Twitter, Cryptocurrency

CAMBRIDGE, Mass., June 8, 2022 /PRNewswire/ -- Metrika, the leader in operational intelligence for blockchain networks, today announced the Metrika Platform, the industry's only monitoring and analytics platform providing Web3 communities with end-to-end visibility and actionable insights into the health of blockchain networks. This platform provides a critical operational layer that builds trust and transparency and assures the high levels of performance and reliability needed to drive mainstream adoption.

Key Points:

CAMBRIDGE, Mass., June 8, 2022 /PRNewswire/ -- Metrika , the leader in operational intelligence for blockchain networks, today announced the Metrika Platform, the industry's only monitoring and analytics platform providing Web3 communities with end-to-end visibility and actionable insightsinto the health of blockchain networks.
With the Metrika Platform, we are doing just that by providing blockchain communities with the visibility, tools and intelligence needed to troubleshoot and coordinate a response.
The Metrika Platform offers real-time performance data and actionable intelligence for both the overall network and individual nodes within it.
Using the Metrika Platform, blockchain communities, node operators, and decentralized applications are equipped to maximize performance and ensure ongoing trust as Web3 networks scale.

Metrika Introduces Web3's Only Operational Intelligence Platform Providing End-to-End Monitoring and Analytics for Blockchains

Retrieved on:

Wednesday, June 8, 2022

Community, Network monitoring, Intelligence, Web3, Dapp, Lithuanian Metrica, Community network, Health, Trust, Adoption, Discord, Foundation, Twitter, Cryptocurrency

CAMBRIDGE, Mass., June 8, 2022 /PRNewswire/ -- Metrika, the leader in operational intelligence for blockchain networks, today announced the Metrika Platform, the industry's only monitoring and analytics platform providing Web3 communities with end-to-end visibility and actionable insights into the health of blockchain networks. This platform provides a critical operational layer that builds trust and transparency and assures the high levels of performance and reliability needed to drive mainstream adoption.

Key Points:

CAMBRIDGE, Mass., June 8, 2022 /PRNewswire/ -- Metrika , the leader in operational intelligence for blockchain networks, today announced the Metrika Platform, the industry's only monitoring and analytics platform providing Web3 communities with end-to-end visibility and actionable insightsinto the health of blockchain networks.
With the Metrika Platform, we are doing just that by providing blockchain communities with the visibility, tools and intelligence needed to troubleshoot and coordinate a response.
The Metrika Platform offers real-time performance data and actionable intelligence for both the overall network and individual nodes within it.
Metrika currently works with leading blockchains and industry groups and provides the industry's only operational intelligence platform for blockchain networks and applications, including cryptocurrency and gaming applications, where ongoing optimal performance is essential.