Avail, a blockchain infrastructure company, has secured $43 million in a Series A funding round aimed at advancing secure rollup interoperability and data availability solutions within the web3 sector. The funding round included significant contributions from Founders Fund, DragonFly Capital, Cyber Fund, and other notable investors such as SevenX, Figment, Nomad Capital, LocalGlobe, Altos Ventures, and Chapter One .

Key Highlights:
1. Total Funding: With this latest round, Avail’s total funding has reached $75 million, including $32 million raised in previous pre-seed and seed rounds .
2. Unification Layer Technology: Avail's core technology, the Unification Layer, aims to enhance data availability, aggregation, and shared security. This is intended to enable modular blockchains to scale and interoperate seamlessly, addressing critical issues such as blockchain fragmentation and limited scaling .
3. Future Developments: The new capital will also support the development of Avail’s Nexus interoperability layer and Fusion security layer, fostering partnerships across the web3 ecosystem .
4. Testnet Success: Avail's incentivized testnet, "Clash of Nodes," achieved significant milestones with 310 validators, 110,000 accounts created, and 116 million transactions processed. The mainnet launch is anticipated in the coming weeks .

Statements:
- Anurag Arjun, Avail’s co-founder, emphasized that this funding marks a pivotal moment for the company, allowing it to accelerate development and expand its global presence. He highlighted the mission to address critical challenges in the web3 space .
- Founders Fund partner Joey Krug noted the seamless integration capabilities of Avail's tech stack, which includes the DA solution, Nexus interoperability layer, and Fusion security layer, making it easier for teams to create new protocols .

Avail's continued innovation and strategic funding position it as a significant player in creating scalable and secure infrastructure for future blockchain projects.