Gelato Raises $11 Million, Expands Smart Contract Automation Platform with Kraken’s Ink

Gelato, the leading smart contract automation platform, announced today the completion of an $11 million funding round. This brings the company’s total funding to $23 million, demonstrating strong investor confidence in its mission to empower developers with seamless smart contract execution.

The latest funding round will be used to expand Gelato’s platform, particularly in integrating Kraken’s Ink, a powerful tool for building and deploying smart contracts. This integration will further enhance Gelato’s capabilities in automating complex smart contract workflows, making it even easier for developers to create and manage decentralized applications (dApps).

Gelato’s commitment to simplifying smart contract automation is evident in its user-friendly interface and robust infrastructure. The platform allows developers to schedule and execute transactions, manage gas costs, and monitor their contracts’ performance, all without needing to write complex code.

With the addition of Kraken’s Ink, Gelato solidifies its position as a leading force in the smart contract automation landscape. The integration promises to unlock new possibilities for developers, enabling them to build more sophisticated and secure dApps with ease.