ICYMI: NFT Layer 2 startup Immutable raises $200 million, now valued at $2.5 billion
The firm plans to expand globally, scale its team and explore M&A opportunities.Immutable, the startup behind the NFT-focused scaling network Immutable X, has raised $200 million in a Series C funding round and is now valued at $2.5 billion.
With fresh capital in hand, the Australia-based Immutable plans to expand globally, scale its team and explore M&A opportunities. The firm's current headcount is 165 people, and it plans to hire an additional 200 people over the next 12 months across various functions, including sales, marketing, engineering, and product.
To meet its global expansion plans, Immutable has also hired four C-suite executives. Gill Findlay has joined Immutable as the chief operating officer, who is currently also a partner at AirTree Ventures. John Boris has joined as chief growth officer, Justin Hulog as chief studio officer, and Katherine Rau as chief people officer.
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