Web3 platform Ethereum Push Notification Service (EPNS) has raised $10.1 million in Series A funding led by Jump Crypto at a valuation of $131 million.

Tiger Global, ParaFi, A.Capital, Sino Global Capital, Polygon Studios, Zee Prime Capital, Woodstock Ventures, Harmony Foundation, Wintermute, DCX Ventures, Alpha Wave Capital, Zebpay, TRGC and iSeedVC also participated in the funding round. EPNS also secured investments from Web3.0 leaders, including Andrew Keys (DARMA Capital), David Silverman (Aave Companies), Ajit Tripathi, Kane Warwick, and Justin Moses of Synthetix.

As per the startup, the fresh funds will be used to expand its team and develop products beyond the Ethereum ecosystem. The startup will also push for faster adoption of the protocol, becoming multi-chain.

Ethereum Push Notification Service (EPNS) | Notification Protocol

Founded by Harsh Rajat with co-founder Richa Joshi, Ethereum Push Notification Service (EPNS) is a Notification Protocol that enables users (Wallet Addresses) to receive notifications.

Using the protocol, any decentralized application (dApp), service or smart contract can send notifications to users(wallet addresses) in a platform-agnostic way (mobile, tablet, web, fav. wallets, etc). The DeFi aspect of the protocol also ensures that the user receives token incentives from those notifications.

Speaking about the development, Harsh Rajat, Founder of EPNS, said,

“We started with Ethereum, but the goal was always multi-chain and what we realized was because we are soul entrant in the game and because we are the creators of this, it makes sense to allow different blockchains, so we are launching on Polygon soon, and the plan is to launch to at least five more blockchains and actually get million users by the end of the year.”

EPNS claims to be the world’s first open communication layer for the Web3.0 ecosystem. As per the startup, it is betting on the evolving blockchain ecosystem as native Web3.0 communication is becoming necessary for user experience, developer operations, investor security, protocol architecture, and a lot more.

The startup is working with over 80 projects, including Uniswap, Decentraland, Coindesk, Aragon, MakerDAO, Gitcoin, Polygon, ENS, and Dydx, among others. EPNS is also powering on-chain notifications for CoinDesk (media alerts), ENS (Ethereum name service), Snapshot (governance updates), Oasis (vault liquidation), among others.

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