Ephemera, a decentralized messaging protocol developer, completes $20 million Series B funding round led by USV, a16z crypto and Lightspeed Faction

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According to The Block, the decentralized messaging protocol XMTP developer Ephemera has completed a $20 million Series B funding round aimed at building and developing its ecosystem.

This round of financing was co-led by Union Square Ventures, a16z crypto, and Lightspeed Faction, with participation from Coinbase Ventures, Offline Ventures, Sound Ventures (founded by Ashton Kutcher and Guy Oseary), and Distributed Global.

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