Matter Labs, which offers an Ethereum "rollup" service that offloads transaction processing to secondary chains, raises a $50M Series B led by a16z Crypto (Lucas Matney/TechCrunch)

Lucas Matney / TechCrunch:
Matter Labs, which offers an Ethereum “rollup” service that offloads transaction processing to secondary chains, raises a $50M Series B led by a16z Crypto  —  As some of the most popular cryptocurrencies reach all-time-highs, plenty of new users and decentralized app developers …

source http://www.techmeme.com/211108/p4#a211108p4