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Jane Street Leads $105M Round in Antithesis, a Testing Tool Used by Ethereum Network

CoinDesk
Antithesis, a startup providing deterministic simulation testing for always-on systems, raised a $105 million Series A led by Jane Street.

Summary

Antithesis, a Northern Virginia startup specializing in infrastructure for never-down software, secured a $105 million Series A funding round led by Jane Street. The company's platform utilizes deterministic simulation testing to run large-scale, production-like simulations, helping to uncover edge cases and replay complex failures exactly, which is crucial for distributed systems like blockchains.

Antithesis has gained credibility in the crypto space, noting that the Ethereum network used its simulations to model extreme conditions before The Merge. The company reported that its revenue has increased more than 12 times over the last two years, serving customers across finance, AI, blockchain, and data infrastructure. The new funding will be used to expand engineering, increase automation, scale go-to-market efforts globally, and push distribution via channels like AWS Marketplace.

Other investors in the round included Amplify Venture Partners, Spark Capital, and Tamarack Global.

(Source:CoinDesk)