Auradine, a web infrastructure startup that also manufactures Bitcoin (CRYPTO: BTC) miners, has raised $80 million in a Series B funding round. Several investors, including StepStone Group (NASDAQ:STEP), Top Tier Capital Partners, MVP Ventures, Maverick Capital, Celesta Capital, Mayfield Fund and Marathon Digital (NASDAQ:MARA), joined the "oversubscribed" round, Auradine said Wednesday. Auradine was initially looking to raise $70 million but ended up raising more due to greater investor interest, co-founder and CEO Rajiv Khemani told The Block. Auradine began raising Series B earlier this year and closed it last week, he said.
Read the full story at The Block.
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