# Boba Network

**Source:** https://www.startuphub.ai/startups/boba
**Profile type:** Startup

> A multichain Layer-2 scaling solution for Ethereum featuring Hybrid Compute for advanced off-chain computation.

## About

Boba Network is an Ethereum Layer-2 solution that offers faster, cheaper, and smarter blockchain scaling through its HybridCompute™ platform, enabling developers to build dApps that connect to off-chain APIs. It serves visionary developers by providing a hybrid blockchain that delivers off-chain data and compute for mass adoption. Boba Network is secured by the underlying blockchain and supports developers with tools for building enhanced gaming and dApps.

## Key facts

- **Slug:** boba
- **Website:** https://boba.network
- **Location:** Palo Alto, United States
- **Founded:** 2021-01-01
- **Operating status:** Active
- **Total funding:** $45M
- **Sectors / tags:** Blockchain, Web3, DeFi, Infrastructure
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/boba-network
  - Twitter: https://x.com/bobanetwork
  - GitHub: https://github.com/bobanetwork

## Frequently asked

### What does Boba Network do?

Boba Network is an Ethereum Layer-2 solution that offers faster, cheaper, and smarter blockchain scaling through its HybridCompute™ platform, enabling developers to build dApps that connect to off-chain APIs. It serves visionary developers by providing a hybrid blockchain that delivers off-chain data and compute for mass adoption. Boba Network is secured by the underlying blockchain and supports developers with tools for building enhanced gaming and dApps.

### What is Boba Network's valuation?

StartupHub estimates Boba Network's effective valuation at $831.4M (range $582.0M to $1.1B, 25% confidence), based on comparable companies in the sector.

### How much funding has Boba Network raised?

Boba Network has raised a total of $45M in funding. The most recent round on record is Series A.

### Where is Boba Network headquartered?

Boba Network is headquartered in Palo Alto, United States.

### When was Boba Network founded?

Boba Network was founded in 2021.

### What industry does Boba Network operate in?

Boba Network operates in Blockchain, Web3, DeFi, Infrastructure.

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