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Mysten Labs
Foundational infrastructure for web3
- 101-200 employees
- B2C
- Retail
- B2B
- Enterprise
- Marketplace
- SaaS
- Web 3.0
- SoMa, San Francisco, CA
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Company mission
To create foundational infrastructure for Web3.
Few candidates hear
back within 2 weeks
122% employee growth in 12 months
Our take
Mysten Labs has been created with the ambition to build a blockchain comparable to Ethereum or Solanan but with even greater capabilities. That means tackling ‘pain points’ currently found in blockchain technology like scaling transactions and speed to meet growing demand.
To do this, Mysten is building foundational infrastructure for web3 to tackle these challenges and accelerate development and adoption of decentralized services. The startup is determined to build a platform that finally lets Web3 developers focus on UI, accelerating adoption, without compromising on security and other areas through Layer 2 and Layer 3 platforms.
The company is now focused on expanding partnerships with existing networks such as Ethos and Orange Comet Partners that integrate Mysten technology, and open protocols based on Mysten-designed components.
One of the startup’s focuses has been on developing a next-generation NFT platform. However, that market has come under increasing scrutiny in recent times. Ensuring that the startup assigns developer and community outreach resources in the right places will be crucial to building a sustainable business.
Steph
Company Specialist at Welcome to the Jungle
Funding (2 rounds)
Sep 2022
$300m
SERIES B
Dec 2021
$36m
SERIES A
Total funding: $336m
This company has top investors
Leadership
Evan Cheng
(CEO)Previously Director of R&D for Novi Financial at Meta. Also worked as Director of Engineering at Facebook before that. Worked for over a decade in senior engineering positions at Apple.
Adeniyi Abiodun
(CPO)Former Product Lead at Novi for Meta. Also previously worked as Head of Product for VMware's Blockchain division and led the Blockchain Cloud Platform team at Oracle.
Sam Blackshear
(CTO)Previously Principal Engineer for Novi Financial working on the Move language and Diem platform. Also worked as a Staff Engineer for Facebook. Ex-Microsoft and University of Colorado Research Assistant.
George Danezis
(Chief Scientist)Also holds a role as Professor of Security and Privacy Engineering in the Information Security Group of the Computer Science department at University College London. Previously a Research Scientist at Facebook as part of the Novi team. PhD from University of Cambridge in Cryptography.
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Jobs (4)
Software Engineering
Design