# Eclipse Secures $50 Million for Next-Gen Blockchain Expansion

Eclipse, a modular blockchain company, has successfully raised $50 million in Series A funding. The newly acquired funds will be used to develop Eclipse's Ethereum Layer 2 (L2) scaling solution, which will utilize the Solana Virtual Machine (SVM). The company is also gearing up for its eagerly await

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| Published | 12 March 2024 |

Source: https://egamers.io/eclipse-secures-50-million-for-next-gen-blockchain-expansion/