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Antithesis completes $105 million Series A financing led by Jane Street; this tool has been used for Ethereum network testing.
According to TechFlow, on December 3, CoinDesk reported that Antithesis, a startup focused on distributed system testing, has completed a $105 million Series A funding round led by renowned quantitative trading firm Jane Street. Other investors in this round include Amplify Venture Partners, Spark Capital, Tamarack Global, and individual investors such as Stripe co-founder Patrick Collison. Antithesis stated that the company’s revenue has grown more than 12-fold over the past two years and that it will use the funds to expand its engineering team, enhance automation, and advance global market expansion.
Antithesis specializes in providing deterministic simulation testing services for “never-down” systems such as blockchains, enabling large-scale, production-grade simulations to discover edge cases that could potentially cause real-time network failures. The platform’s core advantage lies in its ability to precisely reproduce errors when a system fails, helping engineers quickly pinpoint issues.
It is reported that the Ethereum network used Antithesis’ simulation technology for stress testing prior to the “Merge” upgrade, in order to simulate extreme conditions and identify potential vulnerabilities before switching to the proof-of-stake mechanism.