Sequoia, SoftBank, others invest $450million in Polygon

Ethereum scaling platform Polygon has raised about $450 million in a round led by Sequoia Capital India with participation from more than 40 major venture capital firms including SoftBank and Tiger Global, and prominent individual investors like Alan Howard (co-founder, Brevan Howard) and Kevin O’Leary (Mr Wonderful from ABC's Shark Tank). Polygon was founded by Sandeep Nailwal, Jaynti Kanani, Anurag Arjun and Mihailo Bjelic.