About

Founded

2018

Headquarters

New York, New York

Industry

Cryptocurrency

Company Description

With a powerful suite of Layer 2 scaling solutions, Arbitrum is shaping the future of Ethereum. Arbitrum technology makes it possible for projects to leverage Ethereum's security to build next-gen apps.

Quick Links

Website Jobs

Funding

Total Raised

$123.7 million

Valuation

Undisclosed

Significant Investors

Lightspeed Venture Partners, Polychain Capital, Ribbit Capital, Redpoint Ventures, Pantera Capital, Alameda Research, Coinbase Ventures, Blockchain Capital, BlockNation

Company Traction

As of May 2023, Arbitrum has $6.15 billion in total value locked, 66.45% rollup market share, 5.8 million total users, and $1.29 billion in ETH gas saved.

Leadership Team

Steven Goldfeder: Co-Founder & CEO of Arbitrum. Former Software Engineering Intern at Google.

Ed Felten: Co-Founder & Chief Scientist of Arbitrum. Professor of Computer Science and Public Affairs at Princeton University.

Harry Kalodner: Co-Founder & CTO of Arbitrum. Former Software Development Intern at Apple.

Press

CoinDesk (June 8, 2023): Circle Rolls Out Support for USDC Stablecoin on Arbitrum

CoinDesk (June 7, 2023): Arbitrum Temporarily Stopped Processing Due to Software Bug

Fortune (April 5, 2023): Ethereum, Arbitrum, and why L2 solutions are such a mess

Arbitrum