Auradine Raises $81 Million in Series A Financing for Next-Generation Web Infrastructure

Funding led by Celesta Capital and Mayfield
Company driving disruptive solutions for scalable, secure and sustainable infrastructure

Silicon Valley, CA | May 16, 2023 — Auradine, a pioneer in web infra­struc­ture solutions including blockchain, security and privacy, today announced that it has raised $81 million in its initial round of funding.

The Series A funding was led by Celesta Capital and Mayfield, with Sriram Viswanathan of Celesta and Navin Chaddha of Mayfield joining the Auradine board. Other investors included Marathon Digital Holdings (NASDAQ: MARA), Cota Capital, DCVC, and Stanford University.

Auradine was founded in 2022 by a world-class team of seasoned entre­pre­neurs and tech­nol­o­gists with deep expertise in security, SaaS, semi­con­duc­tors, and systems, from companies such as Palo Alto Networks, Marvell, Intel, Google and Wells Fargo. The team has a sustained track record of delivering market-leading products that have generated over $10 billion in revenues at multi-billion infra­struc­ture companies and unicorns.

Auradine has also established a board of strategic advisors and investors, which includes senior industry leaders and founding members of Palo Alto Networks and Cavium. Further, the company has created a technology advisory board consisting of professors from UC Berkeley, University of Michigan and University of Illinois Urbana-Champaign who are at the forefront of research in security and privacy.

“With their unique vision and all-star team, we are confident Auradine will deliver important solutions in the race to unlock the full potential of decen­tral­ized appli­ca­tions and digitized assets,” said Sriram Viswanathan, Founding Managing Partner, Celesta Capital. ​“We are thrilled to support Auradine as they pursue this incredible opportunity to power the future of blockchain and privacy – the progress they have already made is remarkable.”

“The Auradine team of bold entre­pre­neurs are building a web infra­struc­ture platform that will enable a new era of decen­tral­ized and distributed appli­ca­tions,” said Navin Chaddha, Managing Director, Mayfield. ​“We are excited to serve as inception investor on their journey to leverage AI, blockchain, and privacy tech­nolo­gies to help create an industry leader.”

“We are delighted to receive the support of top-tier investors who share our vision and passion for building the web infra­struc­ture of the future,” said Rajiv Khemani, Co-founder and CEO of Auradine. ​“With this funding, we will accelerate our development and go-to-market efforts to deliver breakthrough solutions.”

About Auradine

Auradine is a pioneer in web infra­struc­ture solutions including blockchain, privacy and AI. The company is building break­through software, hardware and cloud solutions to enable a highly scalable, sustainable and secure infra­struc­ture. Auradine was founded in 2022 by a team of seasoned entre­pre­neurs and tech­nol­o­gists with deep expertise and proven track record in security, SaaS, semi­con­duc­tors, and systems. The company is head­quar­tered in Silicon Valley, California. For more information, visit www.auradine.com.