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Polygon
Platform for Ethereum scaling & infrastructure development
- 501-1000 employees
- B2B
- Cryptocurrency
- Blockchain
- Web 3.0
- Bengaluru, KA
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Company mission
Polygon's mission is to to help scale Ethereum in the fastest and the most secure manner.
-10% employee growth in 12 months
Our take
Polygon is known for being a developer-friendly Ethereum scaling and infrastructure development platform. It was already a well-known player in the blockchain space while operating as Matic Network, but a 2021 rebrand to Polygon saw it expand its tech-scope and mission, with a new aim of becoming “Ethereum’s internet of Blockchains”.
Not long after rebanding, the company completed its first major fundraise. This round created real excitement about the platform’s capabilities. Now, Instagram’s NFT creation toolkit for its creators uses the Polygon Network, Stripe uses it to accept crypto payouts, while Adidas and Prada’s NFT projects are also developed there.
Even though the blockchain and crypto spaces are notoriously unpredictable, Polygon has continued to expand into different markets and looks to be in good health. Indeed, it’s been investing heavily in other Web3 based startups while also making strategic acquisitions to further broaden its own services. A recent tie-up with Casio to launch its range of G-SHOCK NFTs is a further boost to the company and a promising sign of things to come.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- Flexible vacation policy
- Flexible working hours
- Work from anywhere (Remote first)
Company values
- That's how we roll - Polygon is a team of diverse, passionate (and super smart) contributors around the globe
- We break away from conventional setups to shape the future
- We’re not fond of needless hierarchy
- We value ideas and execution over anything else. Everyone who wants to build a decentralized future is welcome!
- A fair web - While the internet has enabled better connectivity, a centralized web has also raised copyright, trust, privacy, and security issues
- Polygon wants you to break free and thrive in a world where you own your data and privacy
Funding (last 2 of 3 rounds)
Feb 2022
$450m
LATE VC
Dec 2020
$1m
SERIES A
Total funding: $451.5m
This company has top investors
Leadership
Jaynti Kanani
(Co-founder)Former Data Scientist at Housing.com and former Senior Software Engineer at Persistent Systems.
Sandeep Nailwal
(Co-founder)Co-founded and was CEO of Blockchain Product and Dapp Architecture startup ScopeWeaver.com. Former Deloitte Consultant and former Head of Technology & Supply Chain at Welspun Group.
Mihailo Bjelic
(Co-founder)Information Systems Engineer and with a degree from the University of Belgrade.