A vertically integrated platform aiming to support the creation of cryptocurrency apps on the Solana blockchain has announced its $9.5 million Series A funding round led by Foundation Capital, with additional backing from Reciprocal Ventures, 6th Man Ventures, Chapter One, Propel, among others. by The funds raised will be used to grow the current team of 14 employees and enhance their technological capabilities.

As Helius expands, it recognizes that developers are facing obstacles due to complex infrastructure matters, including intricate blockchain integrations that sidetrack developers from focusing on enhancing their applications. Helius aims to alleviate these burdens by building on the existing infrastructure and simplifying the complexities for developers.

Victoria d'Este April 28, 2025 Scalability challenges, particularly regarding cryptocurrency applications for everyday use, have hindered progress. The task is to devise applications that are not just affordable but also capable of scaling efficiently and performing swiftly.

Nevertheless, Solana stands out as the first major network that could effectively tackle these issues. Its holistic approach covers all bases, from validator plugins to open-source developer SDKs. by Stay informed about cryptocurrency distributions through our updates.

Helius Revolutionizes App Development on Solana 

Founded in 2022 by a team of former engineers from the cryptocurrency exchange Coinbase and Amazon's cloud computing service, AWS, Helius aims to clarify the complexities surrounding Solana for developers, thereby enhancing the blockchain's overall functionality. Alisa Davidson .

The platform offers a variety of tools for developers, including web hooks for automated communications and remote procedure controls (RPCs) that enable quick and easy app development on Solana.

Since its inception, Helius has made a significant impact within the Solana ecosystem, helping developers navigate critical transitions like Helium's shift to Solana.

The platform has also enabled vital integrations for companies, such as Discord and others.

With the latest round of funding, Helius is positioned to further accelerate the growth of the Solana ecosystem, providing essential support for developers while paving the way for a more efficient cryptocurrency application future. April 28, 2025 Please remember that the content on this page is not meant to function as legal, tax, investment, financial, or any other type of advice. Invest only what you can afford to risk, and consider seeking independent financial counsel if you're uncertain. For additional details, we recommend consulting the terms and conditions as well as the support pages offered by the issuer or advertiser. At MetaversePost, we strive for accurate and unbiased reporting, but market dynamics can change rapidly without notice. by .

Alisa, a passionate journalist at the Cryptocurrencylistings, focuses on cryptocurrency, zero-knowledge proofs, investments, and the vast world of Web3. With an acute awareness of emerging trends and technologies, she brings thorough coverage to keep readers engaged with the constantly evolving digital finance landscape.