OpenRelay is a technology company.
OpenRelay has raised $2.0M across 1 funding round.
OpenRelay has raised $2.0M in total across 1 funding round.
OpenRelay has raised $2.0M in total across 1 funding round.
OpenRelay's investors include Jsquare.
OpenRelay is a blockchain infrastructure company providing distributed order book relayer infrastructure, blockchain gateway services, and open-source tools to simplify Ethereum development and deployment.[1][2] It builds products like Rivet (cloud-based Ethereum RPC APIs for scalable dApp development), Plugeth (a Go Ethereum protocol implementation library), and Cardinal (an EVM-compliant Ethereum implementation with APIs, excluding P2P and consensus).[1][2][4] OpenRelay serves developers and dApp builders facing challenges in managing blockchain clients at scale, solving problems like operational complexity, data privacy risks, and integration hurdles in the decentralized web.[1][2][5] Its growth includes launching a mainnet in 2015, becoming the first open-source 0x Relayer in 2017, and initiatives like the EtherCattle project powering Rivet.[2][4]
OpenRelay emerged as a pioneer in decentralized infrastructure, launching its mainnet in 2015 and achieving a milestone as the first open-source 0x Relayer in 2017.[2] The idea stemmed from a commitment to open-source platforms supporting IPFS and Ethereum, emphasizing community collaboration, privacy, and reliability to unify the blockchain ecosystem.[2] Key pivotal moments include the beta launch of Rivet.cloud (based on the open-source EtherCattle Initiative) and introducing Plugeth and Cardinal to ease Ethereum interactions for developers.[1][2][4] In 2019, it joined the 20|30 Group while launching a privacy-focused Ethereum gateway to shield Web3 users from data harvesting.[5] With a dedicated team of contributors, OpenRelay has evolved from relayer services to comprehensive blockchain tools.[2]
OpenRelay rides the decentralized web and Web3 infrastructure wave, leveraging Ethereum's growth, IPFS interoperability, and demand for scalable blockchain gateways amid rising dApp adoption.[2] Timing is ideal post-2015 mainnet amid Ethereum's expansion, addressing market forces like data privacy concerns (e.g., protecting against harvesting) and developer needs for manageable clients at scale.[1][5] It influences the ecosystem by enabling seamless dApp development, fostering open-source collaboration, and unifying fragmented blockchain tools—empowering innovators in a privacy-first manner.[2][3]
OpenRelay is poised to expand its privacy-focused tools like Rivet amid surging Web3 demand, potentially integrating with emerging L2s and multi-chain ecosystems. Trends like decentralized identity and scalable RPCs will shape its path, amplifying its role in liberating innovators for fearless blockchain innovation.[3] Its influence may evolve toward broader Web3 infrastructure leadership, building on open-source momentum to counter centralized data threats—cementing its foundational spot in Ethereum's infrastructure layer.[1][2][5]
OpenRelay has raised $2.0M across 1 funding round. Most recently, it raised $2.0M Seed in December 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Dec 1, 2021 | $2.0M Seed | Jsquare |