Andreessen Horowitz leads $25M round for Optimism’s L2 scaling solution

Optimism, a company providing Layer 2 scaling solutions for , has secured backing from venture capital firm and Coinbase investor Andreessen Horowitz, or A16z.

Andreessen Horowitz, which manages a portfolio worth roughly $16.6 billion, announced it is leading Optimism’s $25 million Series A investment round on Feb. 24.