Information Technology
Rakurai Raises $3M Seed Round to Accelerate Development of High Throughput Solana Nodes
Today's funding will advance the rollout of Rakurai's high-yield Solana staking platform, offering high QoS (quality of service) transaction landing through increased efficiencies to retail and institutional participants alike. In standard benchmark tests, Rakurai nodes deliver 5x the TPS (transactions per second) compared to the standard Solana client. The investment will also fuel product development and partnership growth.
Ali Rizvi , CEO of Rakurai, said:
Founded by a team with extensive expertise in building ultra-low-latency, high throughput systems for algorithmic trading, Rakurai is led by ex-Apple, Silicon Valley engineer Ali Rizvi , who has more than 20 years of experience and a background in ASIC/SOC design. In last year's Colosseum Solana Renaissance Hackathon, Rakurai won the top prize in the infrastructure track.
David Feiock , CIO at Anagram Ventures said:
Rakurai is a trusted validator that boosts TPS with proprietary scheduling and pipeline optimizations. Operating on the Solana network, Rakurai builds transaction-dense blocks providing users, dApps and bots superior transaction landing when they use the platform and also enhances yield for stakers through sharing of block rewards. Node operators can access higher block rewards and deliver higher yields by quickly deploying the Rakurai client. Stakers can access this yield by staking with any Rakurai node or leveraging Rakurai's Liquid Staking Pool (raiSOL). For more information, see rakurai.io .
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