Halliday Secures $20 Million Series A Funding to Enhance Avalanche Workflow Protocol Development

On March 18th, COINOTAG reported that Workflow Protocol Developer Halliday has successfully closed a significant $20 million Series A funding round, spearheaded by the renowned venture firm a16z crypto. This funding round also saw contributions from the Avalanche Blizzard Fund, Credibly Neutral, Alt Layer, and other prominent angel investors. Halliday’s mission focuses on streamlining the smart contract creation process. Their innovative infrastructure empowers developers to assign workflows to automated systems, which significantly reduces development timelines. The newly acquired capital will be allocated to bolster the engineering team, which currently consists of 17 members, while also enhancing both the workflow protocol and the Halliday Payments application. This strategic expansion aims to position Halliday as a key player in the evolving crypto landscape.