Polygon Labs, a privately owned US-based company founded in 2014, provides software development services. Employing approximately 10 people as of 2023, the company specializes in creating data and content visualization tools for the media industry. Their offerings include solutions for virtual collaboration, mixed reality applications, data visualization platforms, and real-time graphics. Polygon Labs is a subsidiary of Disguise.
Polygon Labs raised $450 million in 2022. The company supports over 2.24 million active addresses, according to Dune Analytics. A collaboration with Cypher Capital aims to increase institutional access to POL in the Middle East's Web3 economy. Cypher Capital recently acquired a strategic position in POL and plans to invest institutional capital in POL strategies. John Egan joined as Chief Product Officer in an announcement made by Polygon Labs; he previously served as Head of Crypto at Stripe. Polygon Labs developers plan to increase the network's single block transaction capacity by 33% in the fourth quarter of 2024 by raising the block gas limit to meet growing demand in the stablecoin market.
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Polygon Labs offers 2 products in the media tech industry. Polygon Labs's product portfolio comprises of graphics.
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Polygon Labs's revenues were less than $10M in 2023. Caretta Research has split Polygon Labs's revenue into 2 different product categories, the largest of which is virtual sets. For full access to Polygon Labs's revenue breakdown subscribe to Caretta Portal.
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