Ava Labs Stock

avalabs.orgFinTech / BlockchainFounded: 2018Funding to Date: $6MM

Ava Labs is the development studio of Avalanche (AVAX), the native token powering the Layer-1 blockchain of the same name. Through partnership with Amazon Web Services, Ava Labs users in enterprises and institutions eager to work with blockchains can launch Avalanche nodes directly within AWS in support of their dapps. This company was founded in 2018 and is headquartered in Brooklyn, NY.

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Management Team

Emin Sirer
Co-Founder & Chief Executive Officer
Chris Lavery JD
Chief Financial Officer
Kevin Sekniqi
Co-Founder, Chief Operating Officer & Chief Protocol Architect
Nicolas Lemaitre
Community Manager & General Manager
Joanne Park JD
Chief Compliance Officer
Devon Ferreira
Chief Marketing Officer

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News Highlights

Ava Labs cuts 12% of staff to ‘reallocate resources’ toward expansion
Ava Labs, the firm behind Avalanche blockchain, has laid off 12% of its workforce to focus resources on growth and expansion, according to CEO Emin Gün Sirer. The layoffs mostly affected the marketing team, with around 40 people impacted. Despite recent job cuts by other companies in the crypto industry, there are signs of increased hiring in the sector.
Etherscan will no longer run Ava Labs’ block explorer
Ava Labs will cease its Etherscan-run block explorer and launch a new product, Routescan, on 30 November. Users need to back up their data before the deactivation date. The decision to discontinue the block explorers could be due to various reasons such as the expiration of a service agreement or lack of team bandwidth. Luigi D‚ Onorio, head of DeFi and developer relations at Ava Labs, said the Etherscan deployment will be replaced with a new product from the Avascan team.
Updated on: May 21, 2024


Public news articles listed on this page have been curated by Forge based on several factors including, but not limited to, product updates, changes in organization structure, funding rounds, third-party valuations, and key personnel changes. Changes to this list of articles can be made at any time without notice and should not be relied upon for investment purposes. Forge does not verify the accuracy of the information contained in public news articles.