zkSync developer Matter Labs has completed a $200 million Series C funding round, led by Blockchain Capital and Dragonfly

ChainCatcher news, zkSync developer Matter Labs has completed a $200 million Series C funding round, led by Blockchain Capital and Dragonfly, with participation from LightSpeed Venture Partners, Variant, and a16z.

It is reported that Matter Labs did not disclose its valuation, and the total funding amount has reached $458 million. In addition, Matter Labs has committed to submitting its core software under the MIT open-source license by the end of 2022, which means third parties will be allowed to view, use, and enhance the zkSync code. (source link)