SILICON VALLEY, Calif., April 10, 2024 (GLOBE NEWSWIRE) -- Auradine, a leading provider of web infrastructure solutions, including blockchain, security, and AI, today announced the closing of its Series B funding round, which raised over $80 million. The round welcomed several new investors, including StepStone Group, Top Tier Capital Partners, MVP Ventures, and Maverick Capital, along with leading strategic and angel investors. Existing investors Celesta Capital, Mayfield Fund, and Marathon Digital also participated in this round. This Series B funding follows Auradine's $81 million Series A, led by Celesta Capital and Mayfield in 2022. Auradine started with a mission to disrupt the blockchain market with its revolutionary Teraflux™ family of Bitcoin ASIC Miners. Auradine has delivered leading-edge ASICs and solutions with the world's fastest miners, setting new performance and energy efficiency benchmarks. The Teraflux products also feature Auradine's patent-pending EnergyTune™ and AutoTune™ innovations, which are critical to addressing the demand response and grid stability requirements of the energy infrastructure. These products have now been shipped to over 30 leading data-center-scale miners, with robust field performance proven over long durations in ...